Tag Archives: Business for Sale

Buying a Business – Immigrant Success in BC

As many BC business owners retire, a growing number of opportunities are emerging for individuals buying a business in British Columbia.

Business Finders Canada recognizes that talented immigrants arrive in Canada every year with extensive business experience and financial resources. Immigrants often face challenges in securing traditional employment due to a lack of ‘Canadian Experience.’ Business Finders Canada offers immigrants the opportunity to buy a business and embark on a new career journey in Canada.

Business Immigration Program

The Business Immigration Program is designed to attract seasoned business professionals to Canada; individuals who can contribute to the growth of a robust and prosperous Canadian economy.

Regulations govern immigrants seeking to establish or expand businesses in British Columbia. There are numerous programs available to help investors obtain the necessary permissions to buy a business. Through these programs, it is possible to speed up the process of obtaining permanent resident status, enabling immigrants to engage in business activities.

Immigrating to BC – Buying a Business

British Columbia facilitates the selection of candidates who can bring the highest value to the area. This streamlines the process of identifying potential investors who will make significant contributions to the local economy.

Business Finders Canada works with immigration consultants to assist entrepreneurs immigrating to British Columbia in finding a suitable business to buy tailored to their background and preferences. We possess expertise in navigating these programs and have a successful track record of assisting immigrants through the Entrepreneur Programs.

British Columbia’s Business and Investor Immigration Programs

If you are a business person or manager seeking to immigrate to Canada, the Business/Investor Immigration Program could be a crucial fast-track immigration pathway for you. This program aims to attract individuals with business and managerial experience who can make significant contributions to the Canadian economy.

The primary requirement for this program is that the foreign national must own a business in Canada and hold a controlling interest of more than 50% of the shares.

Other Requirements

  • A comprehensive business plan demonstrating funding strategies and job creation/maintenance
  • Active involvement in business management, not passive investment
  • A position matching the foreign national’s qualifications and experience, with a wage at or above the median wage for the role
  • Employing at least one Canadian or permanent resident, ideally within the first year as outlined in the business plan

Note: These requirements are applicable across Canada.

Are you an immigrant interested in buying a business or investing in a business in Canada? Contact us today. Kelowna Office: 1-250-491-1111 – Toll-Free 1-888-377-8009. Fill out our contact form. View our listings here.

Buying a Business with Business Finders Canada

Thinking of buying a business? There has never been a better time, especially as the Baby Boomer generation transitions to retirement. If you want to become a business owner, Business Finders Canada is here to help. Our professional brokers will guide you through the business buying process. Opportunity awaits! Let Business Finders Canada be your trusted partner in navigating the exciting journey towards business ownership. View our listings.

Seller – Full Disclosure

Full disclosure means when a seller chooses to list their business with our firm, they commit to providing comprehensive information:

  • Financial statements for the business spanning the last three years
  • Profit and Loss statements for the current fiscal year
  • A detailed inventory of tangible and intangible assets and liabilities
  • A comprehensive list of physical assets
  • Thorough lease information, lease duration, square footage, and rental costs
  • A fair and equitable purchase price for the business
  • Adequate training for the buyer, facilitated by the sellers
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Buyer – Full Disclosure

  • Present viable opportunities to you
  • Provide information and answer your questions
  • Facilitate negotiations with the seller(s)
  • Assist in securing financing for the purchase
  • Closing a sale promptly

Buyers can be confident working with our business brokers because they have received the necessary information to make an informed decision.

Value to a Buyer

We present business listings in a professional format, offering buyers objective business and financial information. Our commitment includes providing buyers with essential tools, forms, and documents to facilitate the creation of a Letter of Intent or an Offer to Purchase. Moreover, we collaborate closely with buyers’ legal and financial professionals, ensuring they have prompt access to key business information about our listings.

Our proactive approach in the pre-closing phase is geared towards laying the groundwork for a seamless transaction. We diligently work to ensure that both buyers and sellers are equipped with the necessary information, contributing to a smooth and successful closing process.

Fees

When considering buying a business we have listed, note that the seller has already committed to covering any commissions or fees associated with the sale. That means no fees are charged to the buyer. However, it is also possible to engage our services on a fee basis to identify businesses for you to purchase, even those not currently listed with us. In such instances, potential sellers may agree to a limited listing and the payment of the fee.

To begin this process, the first step is to become a Registered Buyer with Business Finders and explore our current businesses for sale. This initial registration provides you with valuable access to our network and opportunities, ensuring a seamless start to your business search.

Buying a business can be cost-effective

While some individuals relish the challenge of building a business from the ground up, buying an established business is a great alternative. An existing business typically comes with several advantages, including name recognition, an established customer base, a reliable revenue stream, essential fixtures, furniture, and equipment, and, notably, a track record that proves invaluable when seeking financing.

Buy a Business with Business Finders

We have a variety of businesses for sale. One of our professional business brokers will guide you through the process. If you don’t find something of immediate interest, consider becoming a Registered Buyer. By doing so, we will automatically notify you of listings tailored to your preferences, ensuring you stay informed about opportunities that align with your interests.

Contact us today. Kelowna Office: 1-250-491-1111 – Toll Free 1-888-377-8009 Fill out our contact form. View our listings.