Our Process
Step 1: Initial Free Consultation
During an initial consultation we get to learn more about you and your business buying criteria. This initial consultation is a valuable part of the purchase process, as it can expedite our work in finding the right business fit for you.
Step 2: Research Businesses for Sale
After an initial consultation, our team will enter you in our database and notify you if there is a business for sale that fits your criteria. In the meantime, you can search www.aldrin.ca to view all of our current businesses for sale.
Step 4: Tour Business and Seller Meeting
After receiving confidential information regarding a given business, a tour of the business is scheduled. TIP: During the tour, this is a good time to engage with the Seller and prepare a list of questions that you would like to ask regarding the business for sale.
Step 3: Sign Non-Disclosure Agreement (NDA)
When you’ve found the right business fit, you will be required to sign a Non-Disclosure Agreement (NDA) before receiving confidential information about the business for sale. You can sign one in person or electronically at www.aldrin.ca
Step 3: Sign Non-Disclosure Agreement (NDA)
Step 4: Tour Business and Seller Meeting
After receiving confidential information regarding a given business, a tour of the business is scheduled. TIP: During the tour, this is a good time to engage with the Seller and prepare a list of questions that you would like to ask regarding the business for sale.
Step 5: Additional Research on the Business and Determining Your Offer
After touring the business for sale, we always recommend doing more industry research on the business for sale.
Step 6: Determine Your Offer
If you are interested in pursuing the opportunity further we begin to help you shape an offer to the Seller.
Step 8: Arrange Financing
Arranging financing is one of the most important aspects of buying a business. We work with a variety of proven vendors who assist our clients with financing. Check out our trusted associates for financing Here - https://www.aldrin.ca/about-us/our-associates/
Step 7: Hire Professional Assistance
Purchasing a business should always involve assistance from a range of qualified professionals. We recommend that prospective Buyers work with financing professionals as well as lawyers, accountants and tax consultants before finalizing their decision. Check out our trusted associates Here - https://www.aldrin.ca/about-us/our-associates/
Step 7: Hire Professional Assistance
Step 8: Arrange Financing
Step 9: Due Diligence and Contingencies
A variety of financial and legal due diligence items are addressed at this stage. If all contingencies are met and you are satisfied, we help you in signing an agreement and to agree on the final terms of the sale and closing.
Step 10: Closing Day
Congratulations! In the final and most exciting part of the process, you close on the business and take ownership. In most cases, the Seller will provide comprehensive training to ensure the continued success of the business.