Are You Hoping to Purchase a Business that is "For Sale by Owner" in Edmonton?
You've come to the right place if you're looking to buy an established and profitable Edmonton business for sale by owner. There are always various business opportunities that are publicly listed by owners as well as some that are not officially advertised for sale but may be available for acquisition if identified at the right time. We encourage Buyers to post a free "Buyer Wanted" advertisement on FindBusinessesForSale.com to potentially attract potential
Sellers to contact you directly based on your stated acquisition criteria to find and potentially obtain an unadvertised "off-market" opportunity. By uncovering businesses that you may not have otherwise discovered on your business search journey, this proactive approach to finding unadvertised acquisition opportunities has the potential to produce excellent results.
Should I retain the services of a professional business broker?
It is highly recommended that you contact local business brokerage professionals prior to beginning your business search since they may be aware of well established business opportunities in the Edmonton area that are not yet publicly advertised for sale on FindBusinessesForSale.com or other less popular business-for-sale advertising marketplaces. Some commercial Realtors who practice business brokerage on a part-time basis occasionally have "pocket listings" that have yet to be advertised publicly. Obtaining early access to these acquisition prospects may enable you to acquire a great opportunity before it is available on the open market. Obtain the contact information and professional profiles for the majority of top business brokerage professionals in Edmonton by browsing through the Broker Directory on FindBusinessesForSale.com. Make contact with a few of these experts and maybe discover some "off-market" acquisition opportunities. Consider engaging one or more professional business brokers to assist in your business search and acquisition process.
Your best option for selecting and working with an experienced and knowledgeable business brokerage professional is to engage a member of the (IBBA) International Business Brokers Association who has earned the educational designation of Certified Business Intermediary (CBI) or is a commercial member of the Canadian Real Estate Association (CREA). These professionals typically have a wealth of local market knowledge, and most are experts in the business acquisition and disposition process. They are also knowledgeable in business valuation and legal matters.
Since the listing brokers typically pay their fees from the proceeds of the sale after the transaction closes, these fees do not represent an additional cost for your acquisition. These business brokerage professionals, acting in the capacity of "Buy-Side" advisors, are normally more than willing to assist with your acquisition journey at no additional cost to you. They will provide expert advice and support you throughout your journey to successfully acquire a business.
Conclusion
An excellent way to begin your entrepreneurial journey while reducing the risks involved with starting a new start-up business is to acquire a turn-key Business for sale. Before a successful business sale transaction is completed, there are typically many ups and downs along the journey. Most business buyers find it advantageous to be supported by a qualified professional business broker since their expertise complements the expertise of your legal and financial advisors throughout the business acquisition process.
It's important to thoroughly research a business before considering purchasing it, including its industry sector trends, market region competitive dynamics, historical financial performance, and existing customer demographics. To ensure that the business model you are considering is congruent with your disposition, knowledge, skills, and aspirations and that you will be able to successfully operate it in the foreseeable future, it is also important to ensure that you are fully aware of the responsibilities that come with owning and operating it.
