Buying Process

Your local business broker serving Edmonton and Calgary

WHAT WE DO?

We Make Business Buying Easy

  • Identifying the Business:

    Explore: Discover and select industries or fields that match up with your business aspirations and passion. Location Preference: Identify businesses in your desired location or assess your ability to relocate if there is an appropriate prospect available. Time Management: Our actions align with your schedule and objectives in finding your dream business. Financial Capacity: Assess how much of your own capital you can dedicate towards buying the business.

  • Research Process:

    Unlock a wealth of opportunities with our comprehensive listings page, which features businesses from different industries across Canada. Start here!

  • Sortlist, Register, & NDA:

    Once you’ve shortlisted one or multiple businesses that interest you, complete our Buyer Registration Form and sign the Non-Disclosure Agreement. Then our experienced brokers will quickly assign themselves to your case, providing constant guidance along the way.

  • Review:

    Thoroughly examine the business overview document. Your dedicated CBB broker will reach out to you to address any queries and offer supplementary details as necessary.

  • Meeting:

    Our dedicated brokers will facilitate a meeting between buyer and seller as well as arrange for a comprehensive business tour, giving you the chance to assess whether the business matches up with their requirements and aspirations. This step provides an essential opportunity for assessment.

  • LOI / Letter of Intent Submission:

    Your CBB broker will provide a thorough guide for creating the Letter of Intent/Offer that meets your review, serving as a conditional and non-binding expression of intent to go forward with this transaction.

  • Due Diligence and Financing:

    Your CBB broker will serve as an intermediary between you and the Seller, suggesting professional advisors to assist with the transaction. Together with these advisors, you will conduct due diligence on the business being sold while working with banks and lending organizations to secure financing.

  • Close:

    Sign on the dotted line and take possession of your new investment! Once the Sale Purchase Agreement is executed, you will be the new owner of the business. This means that you will be responsible for all aspects of the business, including its finances, operations, and employees. It is important to be prepared for this responsibility before you sign the agreement.