Franchise business is profitable in any part of the world. Especially in Vancouver and Surrey, there are a number of franchisee stores that are available for sale. If you wish to own a profit making top brand franchisee, view some of the latest listings of business for sale in the region.
Franchise stores run on the name of top brands in the market. Established brands in the market easily capture a niche area and sell products or services like hot cakes. These brands already have the trust and goodwill of the people in the market. A franchise store owner does not need to start from the scratch when it comes to promoting or marketing a brand name. Therefore, it is always a great idea to buy a top brand franchise store that is recognized in the market and has a lot of potential.
Franchisee Opportunities in Vancouver
Franchise Sandwich Shop is available for purchase at $272,000.00 in Surrey, BC. Its proximity to various schools and offices in the region makes it an easy drop-by for many. It is located in central Surrey inside busy Boardwalk mall. This is among the many similar franchise eateries in and around Surrey. They make for a good investment in the restaurant market.
Similarly, there is a Burnaby Franchise Ice-cream shop for sale at $143,000.00. It is located in one of the largest outdoor shopping centers in Metro Vancouver and has been a real crowd puller. It is a good income generator in the area and a profit making opportunity that investors or businessmen just can’t miss!
Get in touch with a business broker or consultancy firm in Vancouver to provide you insight stories and more on similar business for sale in Vancouver, Surrey, Burnaby or other adjoining regions. Stay alert and get hold of the best business opportunity in the region.
While looking for buying a business, a buyer should always consider employing the services of an experienced business broker. The more experienced and skilled the broker is, the more effective the process will be. The broker will be backing on behalf of the client.
Business brokers in BC with actual experience to operate their businesses provide the valuable services to their clients.
Here are few examples why you should use a skilled broker:
Refrain from Overpaying
Most of the sellers think that their business is worth more than it is in reality. A business broker uses the valuation expertise and makes sure that you are not overpaying while owning a business. Skilled brokers will provide a valuation on the potential of a business opportunity.
Save Time and Money
While searching for the right business opportunity, you need time and effort. It is like an enormous amount of personal commitment. The majority of people run short of time to do the thing effectively. A lack of time may lead you to carelessness. While making one of the biggest decisions of your life, there is no room for carelessness.
Options Come Along
Approaching business brokers in BC can be fruitful as they offer you a number of available business options which you may not find on your own. The successful brokers have a great database for buyers to select from. It improves negotiation and leverage which help business buyers to find the exact opportunities that he is interested in. A business buyer can be more inclined to decide on a less-than-perfect-business without a broker.
Negotiate on Working Capital
When you seek assistance of a business broker, he ensures to break down the actual investment needed, encompassing cash flow, upgrades and permits. The total ‘buying price’ is often extremely higher than the ‘actual sale price’ of the business.
So, if you are looking for owning an already established business, always consider taking counsel of business brokers in BC.
The Canadian life science and biotech sector continue to show determination and resiliency even though, like other sectors of the Canadian economy, it has faced significant challenges as a result of the global economic slowdown. Nevertheless, the fundamentals remain strong.
According to the business respondents to Canadian Life Sciences Industry Forecast 2013, they are seeking in excess of CAD1 billion of capital and there is a strong view that governments need to help stimulate capital formation. 41% of respondents are moderately to extremely confident about the industry’s long term outlook.
The industry must remain at the leading edge of innovation, but it won’t happen in isolation. Canada has made progress in securing important building blocks for a growing bio-economy. The need for coordinated actions from all parties remains. 58% of respondents have indicated that the most challenging factor for their organizations over the next 2 years will be the raising of capital. Attracting a licensing or strategic partner has become an even more important issue. The top-rated critical success factor for the industry continues to be access to capital. Tax incentives that encourage investment by providers of capital is also critical. By working together, industry and governments can set in place a competitive market framework that will attract investment and allow the Canadian life sciences industry to play a significant role in the long-term health and prosperity of Canadians.
Philip Hui & Associates specializes in all aspects of the sale, merger, acquisition and valuation of businesses in British Columbia, Canada. Looking to buy a biotech company in Canada, check out www.buysellbusinessinbc.com for more details.
Source: PwC’s fifth Canadian Life Sciences Industry Forecast, presented in collaboration with BIOTECanada
Do you have a thriving business in the heart of BC? There has never been a better time to be selling. Want to offload a company? Or do you simply need a cash injection. Firmer ties with Asia are creating business opportunities in BC. It’s no secret that many business people throughout East and South East Asia are interested in Canada. They see the potential of buying a company in Canada, getting a Canadian passport and shifting some of their assets here. The process has been simplified for them by Federal and provincial legislation.
Business Opportunities in BC
The Lower Mainland had been the primary target for wealthy foreign investors. However, now they require fresh pickings and the BC interior looks inviting. Readying your business for sale can be difficult. Foreign buyers are constrained by Canadian law to buy profitable and stable companies. Businesses must be at least five years old and in good financial shape.
Mergers & Acquisitions
If you’re interested in capitalizing on the latest business opportunities in B.C., a firm of Mergers & Acquisitions Experts can assist you with the process. They can assess your business, ensure that it’s impartially valued and prepare the necessary paperwork. They can work on your balance sheet and generally see that you put your best foot forward. As a Mergers & Acquisitions specialist they can put you in contact with reputable buyers and help you negotiate a fair deal.
You’ve found a business for sale in Vancouver? Now, what are the legal steps to take into consideration? To start with, you should do extensive research into the company. You should request the disclosure of important documents such as financial statements, customer and supplier lists, salary sheets, equipment and asset breakdowns, as well as information relating to debts, liabilities, licenses, contracts and leases. All information should be scrutinized and verified before proceeding with a purchase.
Business for Sale
It is important you define early on, the nature of the purchase and whether it refers to assets, shares or some combination of the two. There is a significant difference between purchasing shares from the owners of the business and purchasing the assets straight out.
Defining the Buyer
Who is the buyer? You as an individual? Or a company which you operate? It is more common and generally more practical to make the purchase through your own company. By doing this you can avail of certain tax benefits and avoid risk to your personal assets.
Negotiating the Terms.
You’ve found a business for sale and you’ve decided to buy. You’ve done all the research. Now it’s a matter of coming to terms. These terms will dictate the structure of the purchase, personal indemnity and schedule of sale. It will also include the working out of certain risk factors and occasionally the signing of a “Non-Competition Agreement” to ensure the seller doesn’t go on to found a competing business.