Reliant Commercial Inc. helps business owners sell their companies. We specialize in the sale and acquisition of businesses in British Columbia, Canada.
In these strange times we are finding that some business owners have postponed their exit plans while others are moving forward. We are also finding that serious buyers with funds are very active and that profitable businesses are getting a good level of interest.
We are a Vancouver based firm that assists business owners in finding a buyer. By leveraging our extensive partnerships and relationships cultivated over many years, we provide comprehensive knowledge and expertise to manage every aspect of the sale process. We also provide access to all the related professional and financing services required.
Proper planning and representation when exiting a business can deliver tremendous value and professional advice is very useful.
Which businesses will sell in 2021?
Businesses which sell typically have the same traits, they:
• Operate in a niche market with some barriers to entry.
• Have recurring revenue.
• Good profit margins.
• Demonstrate growth opportunities.
Canada is seeing a major shift in business ownership as the baby boomer generation retires. Three out of five owners of Canadian medium-sized businesses are over 50 and many are thinking about selling. This year a trillion dollars of Canadian business assets could be transferred (Canadian Federation of Independent Business).
In order for a business to stand out in such a competitive market the benefits of professional representation and advice should not be underestimated.
If you would like to discuss your exit strategy or any business sale decisions you are facing feel free to contact us.
Christopher Juras on 604.786.2046.