Businesses for Sale

Explore MLS® Listed BC Businesses for Sale: Find Your Perfect Fit and Become Your Own Boss!

View the MLS® listed BC Businesses for Sale, find the one that fits your skill sets and needs and be your own boss! Choose between a turnkey business, small business, franchise or even an online business for sale. Options include restaurants, coffee shops, bakeries, pizzerias, liquor stores, cannabis stores, convenience stores, vending machines, gas stations, car washes, auto repair shops, laundromats, self storage, manufacturing, hair salon, beauty shop and more! Contact us for more information – we have been successful entrepreneurs ourselves, and understand what makes a business great!

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  • 10777 W CONFIDENTIAL, Vancouver - Cambie

    10777 W CONFIDENTIAL Cambie Vancouver V0V 0V0

    10777 W CONFIDENTIAL Vancouver V0V 0V0 Cambie

    $309,000
    Business
    Status:
    Active
    MLS® Num:
    C8066504
    Major Bus.:
    Personal Services
    Minor Bus.:
    Day Spa
    Build. Type:
    Commercial Mix
    Floor Area:
    847 sq. ft.
    LONG ESTABLISHED DAY SPA ON HIGH TRAFFIC WEST BROADWAY LOCATION WITH 3 HAIR CUTTING CHAIRS, 3 PEDICURE STATIONS ,3 PRIVATE TREATMENT ROOMS, 1 NAIL TECH TABLE AND 1 SHOWER ROOM. TREATMENTS OFFERED INCLUDE HAIR, NAILS AND BODY TREATMENTS. THE SPACE HAS BEEN METICULOUSLY CARED FOR AND SUPER CLEAN. THE SPACE ITSELF IS 847 SQ FT WITH TOTAL RENT OF APPROXIMATELY $5,750/MONTH INCLUDING GST WITH LEASE UNTIL SEPTEMBER 2025 PLUS RENEWAL. More details
    Listed by RE/MAX Crest Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 22346 DEWDNEY TRUNK Road, Maple Ridge - West Central

    22346 DEWDNEY TRUNK Road West Central Maple Ridge V2X 3J3
    Main Photo: 22346 DEWDNEY TRUNK Road, Maple Ridge - West Central

    22346 DEWDNEY TRUNK Road Maple Ridge V2X 3J3 West Central

    $129,900
    Business
    Status:
    Active
    MLS® Num:
    C8066464
    Major Bus.:
    Food & Beverage
    Minor Bus.:
    FB - Bakery
    Build. Type:
    Mixed Use
    Floor Area:
    1,434 sq. ft.
    "Turnkey Bakery Business Opportunity in Maple Ridge!" Are you ready to own a successful bakery in a prime location? Gingerbread Haus, located at 22346 Dewdney Trunk Rd, Maple Ridge, is now available for sale. This turnkey business offers a fully operational bakery with an established customer base. Situated on Dewdney Trunk Road in the heart of Maple Ridge's downtown development, this location provides excellent visibility and accessibility. With reasonable rent and the potential for growth, this is an exceptional opportunity to own a thriving bakery. Contact us today for more information and to schedule a viewing. Please note that an NDA is required, and we kindly ask that you do not approach the staff. More details
    Listed by RE/MAX LIFESTYLES REALTY and RE/MAX Mayne-Pender
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 1112 4500 KINGSWAY, Burnaby - Metrotown

    1112 4500 KINGSWAY Metrotown Burnaby V5H 2A9

    1112 4500 KINGSWAY Burnaby V5H 2A9 Metrotown

    $880,000
    Business
    Status:
    Active
    MLS® Num:
    C8066475
    Major Bus.:
    Food & Beverage
    Minor Bus.:
    FB - Seafood
    Build. Type:
    Office Building
    Rare Find Seafood Store business for sale at Crystal Mall with 1,020 sq ft on 1st floor inside Market. Huge income! Please call listing agent for a private viewing. 1112, 1113 &1115- 4500 Kingsways. More details
    Listed by Nu Stream Realty Inc.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 1193 DAVIE Street, Vancouver - West End VW

    1193 DAVIE Street West End VW Vancouver V6E 1N2
    Main Photo: 1193 DAVIE Street, Vancouver - West End VW

    1193 DAVIE Street Vancouver V6E 1N2 West End VW

    $99,000
    Business
    Status:
    Active
    MLS® Num:
    C8066490
    Major Bus.:
    Food & Beverage
    Minor Bus.:
    FB - Restaurant
    Build. Type:
    Mixed Use
    Floor Area:
    1,191 sq. ft.
    Top visibility on Davie st. amongst several other great food brands and retail. This success location has been surging Thai food for close to a decade. Take it over as is or being your own concept and brand. The space is 1191 square ft and with liquor license for 35 seats , and also equipped with commercial a venting system . The lease is $9000 per month all in. Do not approach staff and contact listing agent for details. More details
    Listed by RE/MAX Real Estate Services
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 1898 MAIN Street, Vancouver - Mount Pleasant VE

    1898 MAIN Street Mount Pleasant VE Vancouver V5B 3T7

    1898 MAIN Street Vancouver V5B 3T7 Mount Pleasant VE

    $150,000
    Business, Retail
    Status:
    Active
    MLS® Num:
    C8066502
    Major Bus.:
    General Retail
    Minor Bus.:
    GR - Specialty Retail
    Are you ready to own your dream business in the thriving video game industry? Look no further! This established video game store, a local favorite for 4 years, is now available for sale. What You’ll Get: Prime Location: Situated in a high-traffic beach town, benefiting from both locals and tourists. The rent is exceptionally low, and there are no utility costs, maximizing your profits. Turnkey Setup: Includes all fixtures, furniture, and equipment—everything you need to open the doors and start running. Fully Stocked Inventory: A wide selection of video games, consoles, accessories, and collectibles—all acquired at incredibly low costs through community donations and the buy/sell nature of the business. Supplier List: Comprehensive contacts for sourcing inventory, ensuring ongoing supply and great deals. Established Name: A trusted, beloved community business with a solid reputation and customer base. Low Overhead Costs: With cheap rent and no utility expenses, profits are easier to achieve. More details
    Listed by eXp Realty of Canada, Inc.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 433 HORNBY Street, Vancouver - Downtown VW

    433 HORNBY Street Downtown VW Vancouver V6C 2Y2

    433 HORNBY Street Vancouver V6C 2Y2 Downtown VW

    $128,000
    Business
    Status:
    Active
    MLS® Num:
    C8066503
    Major Bus.:
    Food & Beverage
    Minor Bus.:
    FB - Beverage/Drinking Place
    Floor Area:
    488 sq. ft.
    Well Known VAN CHA is now looking for investors, comes with a goal to creat Vancouver's first facility to truly combine Culture, Luxury and Entertainment into a journey of Satisfaction. VAN CHA offers traditional tea & refreshment tasting, tea course and calligraphy teaching. Beautiful Classical decoration for small events and gathering. Successfully host for North American Chinese Tea Brewing Contest for TWO YEATS! Huge potential to explore. *Showing by appointment only, do not disturb staff. * Please contact the listing agent for more information today! More details
    Listed by Grand Central Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 11526 CONFIDENTIAL, North Vancouver - Central Lonsdale

    11526 CONFIDENTIAL Central Lonsdale North Vancouver V0V 0V0
    Main Photo: 11526 CONFIDENTIAL, North Vancouver - Central Lonsdale

    11526 CONFIDENTIAL North Vancouver V0V 0V0 Central Lonsdale

    $79,000
    Business
    Status:
    Active
    MLS® Num:
    C8066409
    Major Bus.:
    General Retail
    Minor Bus.:
    GR - Florist Gifts
    Well located Flower shop .Steady customers. Same owner for 8 years. Open 10:30 am to 6 pm. Rent: $5,000+GST. Full Training available. Business for one person operating with Average Net income of $4,500 per month. More details
    Listed by Royal First Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 11528 CONFIDENTIAL, Coquitlam - North Coquitlam

    11528 CONFIDENTIAL North Coquitlam Coquitlam V0V 0V0
    Main Photo: 11528 CONFIDENTIAL, Coquitlam - North Coquitlam

    11528 CONFIDENTIAL Coquitlam V0V 0V0 North Coquitlam

    $149,000
    Business, Retail
    Status:
    Active
    MLS® Num:
    C8066423
    Major Bus.:
    Food & Beverage
    Minor Bus.:
    FB - Coffee Shop
    Build. Type:
    Commercial Mix
    Floor Area:
    680 sq. ft.
    RARE OPPORTUNITY to acquire this FAMOUS KOREAN HOT DOG BAR that is already generating a GREAT POSITIVE CASHFLOW! Located in a BUSY CENTRAL LOCATION right near Coquitlam Centre with a SURPRISING MONTHLY LEASE, lots of parking, and just a 2-minute walk from the Skytrain station, conveniently situated in the fast-growing Henderson Mall food court. Over $300K SPENT ON UPGRADES and equipment, including full-size commercial hoods, deep fryers, mixers, fridges, and more! Many loyal repeat customers and lots of growth potential with media exposure. EASY TO TAKE OVER AND LEARN, TURN-KEY OPERATION. SHOWINGS ARE BY APPOINTMENT ONLY. This is a BUSINESS WORTH INVESTING IN! More details
    Listed by Property Pistol Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 20767 LOUGHEED Highway, Maple Ridge - Southwest Maple Ridge

    20767 LOUGHEED Highway Southwest Maple Ridge Maple Ridge V2X 2R2
    Main Photo: 20767 LOUGHEED Highway, Maple Ridge - Southwest Maple Ridge

    20767 LOUGHEED Highway Maple Ridge V2X 2R2 Southwest Maple Ridge

    $249,800
    Business
    Status:
    Active
    MLS® Num:
    C8066434
    Major Bus.:
    Other/See Remarks
    Minor Bus.:
    Other/See Remarks
    Build. Type:
    Commercial Mix
    Floor Area:
    3,000 sq. ft.
    Thriving U-Brew/U-Vin Business for Sale – Potential for Brewery Conversion! Turn your passion for craft beverages into a thriving business! This well-established U-Brew/U-Vin business offers a unique opportunity to own a turnkey operation with a loyal customer base. Located in a high-traffic area with excellent visibility, the business provides customers with an easy and enjoyable way to craft their own beer and wine.With a spacious production area, high-quality equipment, and a strong reputation, this business is primed for growth. The facility layout and existing infrastructure make it an ideal candidate for conversion into a full-scale brewery or taproom. More details
    Listed by Century 21 Coastal Realty Ltd.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 1015 8580 ALEXANDRA Road, Richmond - West Cambie

    1015 8580 ALEXANDRA Road West Cambie Richmond V6X 4B3

    1015 8580 ALEXANDRA Road Richmond V6X 4B3 West Cambie

    $398,000
    Business
    Status:
    Active
    MLS® Num:
    C8066439
    Major Bus.:
    Food & Beverage
    Minor Bus.:
    FB - Restaurant
    Floor Area:
    1,380 sq. ft.
    *Showing by appointment only, do not disturb staff. * Authentic Korean Restaurant for Sale D Prime Location on Richmond's Famous Food Street. Seize this rare opportunity to own a well-established Korean restaurant in the heart of Richmond's bustling Alexandra Road (Food Street)! Spanning 1,380 sqft, this beautifully decorated restaurant is surrounded by high-density residential areas and major shopping centers, including Lansdowne Mall, Aberdeen Centre, and Parker Place, ensuring a steady flow of customers. Equipped with a fully vented commercial kitchen, this space is ideal for a variety of Korean and other Asian cuisines. The restaurant also holds a liquor license valid until midnight, offering excellent revenue potential for evening dining and late-night service. Please contact the listing agent for more information today! More details
    Listed by Grand Central Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 11006 CONFIDENTIAL Street, Port Moody - Port Moody Centre

    11006 CONFIDENTIAL Street Port Moody Centre Port Moody V0V 0V0
    Main Photo: 11006 CONFIDENTIAL Street, Port Moody - Port Moody Centre

    11006 CONFIDENTIAL Street Port Moody V0V 0V0 Port Moody Centre

    $630,000
    Business
    Status:
    Active
    MLS® Num:
    C8066452
    Major Bus.:
    Food & Beverage
    Minor Bus.:
    FB - Beverage/Drinking Place
    Build. Type:
    Institutional
    AMAZING LOCATION & OPPORTUNITY! Profitable, popular, famous franchise coffee business for sale in Port Moody. This place enjoys a superb geographic location, with excellent flow of people and visibility all year round and ample parking spaces! Top sale among all other franchisee with huge potential to grow on sale. Low rent with utility included! Please contact the listing agent for more information. *Showing by appointment only. Call the agent for more detail. More details
    Listed by Royal LePage West Real Estate Services
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 3310 4000 NO. 3 Road, Richmond - West Cambie

    3310 4000 NO. 3 Road West Cambie Richmond V6X 0J8
    Main Photo: 3310 4000 NO. 3 Road, Richmond - West Cambie

    3310 4000 NO. 3 Road Richmond V6X 0J8 West Cambie

    $229,000
    Business
    Status:
    Active
    MLS® Num:
    C8066457
    Major Bus.:
    Food & Beverage
    Minor Bus.:
    FB - Restaurant
    Floor Area:
    407 sq. ft.
    Super Prime Location @ Heart of Richmond connects to Skytrain Station!! Aberdeen Food Court Prime Court Unit Spot! Famous Malatang chinese hotpot Business for sale! Can also be use for other Restaurant Business Brands. Super Prime Location with high walking traffic being near Aberdeen Center, Parker Place, Yohan Center, Aberdeen Skytrain Station! Huge flows of upcoming Local & Tourism customers. Great exposure, plenty of parking spaces. Fully equipped commercial kitchen. LOW GROSS RENT ONLY $5990 included GST! Lease term 4 years left with renewal potential. More details
    Listed by Royal Pacific Realty Corp.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 11522 CONFIDENTIAL, Vancouver - Downtown VW

    11522 CONFIDENTIAL Downtown VW Vancouver V0V 0V0
    Main Photo: 11522 CONFIDENTIAL, Vancouver - Downtown VW

    11522 CONFIDENTIAL Vancouver V0V 0V0 Downtown VW

    $298,000
    Business
    Status:
    Active
    MLS® Num:
    C8066371
    Major Bus.:
    Food & Beverage
    Minor Bus.:
    FB - Restaurant
    Build. Type:
    See Realtor Remarks
    Floor Area:
    1,350 sq. ft.
    Well maintained & Excellent location, Size :1,350 sqft + Patio(About 350sf), Lease : 4years+5 yrs Option(No Demolition clause on the lease), Open Hours : 12 noon ~ 1:00 am(Liquor sales volume is high), Full commercial Kitchen : 8 ft, Street parking. Never approach STAFF directly (Always confidential). Showing by appointments only. If you need info package, pls email the listing agent first, and then Touchbase or call to schedule your private showing!!! More details
    Listed by Sutton Group-West Coast Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 103 14390 64 Avenue, Surrey - East Newton

    103 14390 64 Avenue East Newton Surrey V3W 1Z1
    Main Photo: 103 14390 64 Avenue, Surrey - East Newton

    103 14390 64 Avenue Surrey V3W 1Z1 East Newton

    $100,000
    Business
    Status:
    Active
    MLS® Num:
    C8066372
    Major Bus.:
    General Retail
    Minor Bus.:
    GR - Pet & Supplies
    Build. Type:
    Strip Mall
    Floor Area:
    1,558 sq. ft.
    This established doggy daycare and grooming business in Sullivan offers a fantastic opportunity for an owner-operator or investor. With a spacious 1,504 sq. ft. facility in a high-traffic plaza, the business is fully staffed and profitable, offering both daycare and boarding services. The facility is designed for the comfort and safety of pets, featuring a large indoor play area, cozy sleeping quatres, and a variety of toys and activities. The lease runs until November 2028 with two 5-year renewal options, and rent is $6,927/month, covering property taxes, water, and garbage disposal. There are options to add dog training, dog accessories, dog food, toys, and pickup & drop off service providing future growth potential. This is a turnkey operation with a loyal customer base, making it an ideal investment. For more details or to schedule a viewing. Please call. More details
    Listed by Keller Williams Ocean Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 1297 CONFIDENTIAL, Surrey - East Newton

    1297 CONFIDENTIAL East Newton Surrey V0V 0V0
    Main Photo: 1297 CONFIDENTIAL, Surrey - East Newton

    1297 CONFIDENTIAL Surrey V0V 0V0 East Newton

    $199,000
    Business
    Status:
    Active
    MLS® Num:
    C8066487
    Major Bus.:
    Other/See Remarks
    Minor Bus.:
    Other/See Remarks
    Build. Type:
    Mixed Use
    Floor Area:
    991 sq. ft.
    Well-established and well-know notary business for sale in Newton area of Surrey. Centrally located with loyal repeat client base and new customers. Asset sale with sale price including goodwill. Seller owns the space and will sign a new lease with buyer. Reach out for full info package. More details
    Listed by Royal LePage Brent Roberts Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 11521 CONFIDENTIAL Street, North Vancouver - Lynn Valley

    11521 CONFIDENTIAL Street Lynn Valley North Vancouver V0V 0V0
    Main Photo: 11521 CONFIDENTIAL Street, North Vancouver - Lynn Valley

    11521 CONFIDENTIAL Street North Vancouver V0V 0V0 Lynn Valley

    $389,000
    Business
    Status:
    Active
    MLS® Num:
    C8066383
    Major Bus.:
    Construction/Trades/Contracting
    Minor Bus.:
    Construction/Trade
    Build. Type:
    See Realtor Remarks
    Reputable and profitable painting business for sale! Here's you chance to own a respected painting business with stellar reputation, and 5 star Google Reviews to prove it. The business provides exterior and interior painting services, and they've been the top choice of homeowners and home builders for the last 5 years. This turnkey operation is ready for an semi-passive owner or an owner-operator. Don't miss out on this opportunity, reach out to learn more! More details
    Listed by 1NE Collective Realty Inc.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 11524 CONFIDENTIAL, Vancouver - Grandview Woodland

    11524 CONFIDENTIAL Grandview Woodland Vancouver V0V 0V0
    Main Photo: 11524 CONFIDENTIAL, Vancouver - Grandview Woodland

    11524 CONFIDENTIAL Vancouver V0V 0V0 Grandview Woodland

    $225,000
    Business
    Status:
    Active
    MLS® Num:
    C8066387
    Major Bus.:
    Food & Beverage
    Minor Bus.:
    FB - Restaurant
    Well located Full kitchen restaurant on busy Commercial drive. Fully renovated and Fully Vented Commercial Hood (6 feet). Lease until June 30,2029 + 3 years option to renew. Rent:$5,540+GST, 16 seats with new appliances. High foot traffic.Perfect for any types of restaurants. More details
    Listed by Royal First Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 11111 CONFIDENTIAL Street, Vancouver - West End VW

    11111 CONFIDENTIAL Street West End VW Vancouver V0V 0V0
    Main Photo: 11111 CONFIDENTIAL Street, Vancouver - West End VW

    11111 CONFIDENTIAL Street Vancouver V0V 0V0 West End VW

    $99,999
    Business, Retail
    Status:
    Active
    MLS® Num:
    C8066403
    Major Bus.:
    Personal Services
    Minor Bus.:
    Hairdresser/Barber shop
    Build. Type:
    Low Rise (2-4 stories)
    Floor Area:
    826 sq. ft.
    Turnkey Hair Salon and Cafe Opportunity in Prime Downtown Location! This well-established salon has served the community for over 30 years, including 5 years under the current ownership. Fully renovated to modern aesthetic standards, the 826 sq. ft. space features brand-new cabinetry, LED-lit mirrors, and upgraded plumbing and electrical systems. It includes 2 private rooms, perfect for rental opportunities to paramedical professionals such as registered massage therapists, chiropractors, etc. The owner is open to renting chairs after the sale, providing additional income potential for the new owner. The space is also suited for conversion into a CAFE with minimal effort. Plentiful customer parking is available at the rear of the building, along with a dedicated spot for the owner. The lease includes coverage for HVAC, garbage removal, pest control, and more, with favourable terms available for renewal—and no demolition clause for added security. Confidential listing – inquiries by appointment only. More details
    Listed by eXp Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 1199 88 W PENDER Street, Vancouver - Downtown VW

    1199 88 W PENDER Street Downtown VW Vancouver V6B 6N9

    1199 88 W PENDER Street Vancouver V6B 6N9 Downtown VW

    $99,000
    Business
    Status:
    Active
    MLS® Num:
    C8066440
    Major Bus.:
    General Retail
    Minor Bus.:
    GR - Variety Store
    Floor Area:
    8,000 sq. ft.
    Exceptional Business Opportunity: ABC Dollar Store – 8,000 SF in Prime Location Presenting an incredible business opportunity with a well-established, turn-key ABC Dollar Store, spanning 8,000 square feet. Located in a bustling International Village Mall near Chinatown, this business is perfect for a young family seeking a profitable venture. With 8 dedicated staff members and operating hours from 11 AM to 9 PM, the store runs smoothly and efficiently. Comprehensive training will be provided, and supplies will continue to be available, ensuring seamless operations. Don’t miss out on this amazing chance to take over a thriving business in a high-traffic area. This opportunity guarantees long-term success with a proven track record. Let me know if you need any additional revisions! More details
    Listed by Emily Oh Realty
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN

  • 11529 CONFIDENTIAL, Maple Ridge - East Central

    11529 CONFIDENTIAL East Central Maple Ridge V0V 0V0
    Main Photo: 11529 CONFIDENTIAL, Maple Ridge - East Central

    11529 CONFIDENTIAL Maple Ridge V0V 0V0 East Central

    $1,800,000
    Business
    Status:
    Active
    MLS® Num:
    C8066453
    Major Bus.:
    General Retail
    Minor Bus.:
    GR - Drugstore Cosmetics
    Build. Type:
    Street-Level Storefront
    Floor Area:
    1,175 sq. ft.
    Thriving Pharmacy for Sale – Downtown Maple Ridge Seize this rare opportunity to own a well-established, turn-key pharmacy in the heart of Downtown Maple Ridge. With a loyal customer base, steady revenue, and a strong reputation for personalized service, this business is perfect for a pharmacist looking to branch out or an investor seeking a stable and profitable venture. ?? Prime Location – High-traffic area with excellent visibility and ample parking. ?? Established Clientele – Diverse and loyal customer base. ?? Growth Potential – Expand services, enhance digital presence, and implement marketing strategies for further success. This is a proven, profitable business with significant room for growth. Serious inquiries only. Contact us today to learn more! More details
    Listed by Royal Pacific Realty (Kingsway) Ltd.
    LISTING DETAILS
    AMAR SHAN
    DANA BALAN
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Data was last updated February 8, 2025 at 06:10 AM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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Commercial - Businesses

Considerations when buying a small business

Evaluating and purchasing businesses are among the most complex transactions conducted by Realtors.  There are too many factors to list here, but here are some of the considerations that we consider key to success:

  1. Know what you’re buying:   Ownership of a business can be transferred through the purchase of shares in that business (if it’s incorporated) or by purchasing the assets of that business.   This decision will have a major impact on liabilities you assume and on taxes.   A turnkey business for sale is often acquired through share purchase, but be aware that buying the shares means you also assume any existing liabilities of the corporation, which can be a major risk.  However, for the seller, it means they can claim a capital gains exemption – and possibly pay no tax on the sale of their business.
  2. Get a professional valuation of the business assets:  you may understand the industry, but only a properly qualified valuator will be able to give a good estimate of fair market value of significant assets based on their underlying value.  The difference between the price of a small business for sale and the value of the underlying assets is termed “goodwill” by the accountants.  Why is this important?   As a buyer, you want to minimize goodwill:  if more of the value of the business is in the assets, you can claim greater depreciation on your taxes, saving you money.
  3. Franchise for sale:  the franchisor may have terms that govern the sale of a franchise business, and making sure that you can comply with those terms is critically important.
  4. Understand the Real Estate leases used by the business:  make sure that the lease is transferable, and what terms will be offered by the landlord.  The landlord will often use the change in leaseholder as an opportunity to sign a new lease at much higher rates, possibly making the business non-viable!
  5. Online business for sale:  an online business may operate in multiple legal and tax jurisdictions, so additional due diligence will be required before completing the sale.
  6. Assemble a top-notch team before writing any offers:   you may need an accountant, tax advisor, business lawyer, business valuator and/or a banker – the time to assemble these professionals is before the clock starts ticking on a transaction.   (We have a collection of top-notch professionals we have worked with in the past that we can recommend.)

Contact us for assistance with purchasing a BC Business, or just to discuss the points above!