This unique website is dedicated to providing the best online forum for Ontario Business Buyers
and Sellers. We welcome business owners and brokers to advertise their businesses.
“Our sun-tan studio has been sold. I love your website!” - Jennifer in Oakville, Ontario
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Advantages of Buying an Existing Business or Franchise vs. Starting a New Business
The business is up and running from day one, the “new business” costs and frustrations are bypassed.
Established customers / clients and suppliers are in place from day one.
You have the opportunity to review actual financial statements rather than projected financial statements.
Trained employees, equipment, inventory, chattels, fixtures, systems and processes are in place from day one.
The seller of the business / franchise will lend support during the transitional stage into business ownership which for many is exciting yet may be overwhelming. The seller / franchise can act as your business coach.
More financing options are available either through financial institutions or even the seller / franchisor directly.
Higher chance of success – the “start-up” business guessing game is eliminated.
Reputation, credit, trust, respect and business name / brand are established from day one.
A formula for success is in place, especially when buying a franchise.
Your focus and energy can be spent on improving efficiencies and profits.
Tips on Buying and Selling a Business
Business Buyers
Business Sellers
Choose a business that really interests and excites you – passion is a key ingredient to success;
Sell when the business is doing well and the business sector is lucrative. Selling the business as a successful “going concern” will yield the highest sale price;
Determine the best plan to finance the purchase of a business. This will be negotiated with the Seller, but it is good to have an idea of how you intend to finance the business purchase beforehand;
Determine the market value of your business - ideally by a professional business valuation specialist;
Meet with several banks to determine which one wants your business the most;
Gather all key information that any prudent buyer will require and ensure that the information is up to date;
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A unique website for Ontario, Canada Buyers and Sellers of Businesses. The ultimate website to Buy or Sell a business in Ontario, Canada.
