Reliant Commercial Inc. specializes in the sale of businesses in British Columbia, Canada and has the expertise and knowledge to help clients with all aspects of the sale – from valuations, to finding the right buyer and bringing the transaction to a successful close. Based in Vancouver the company has over the past 15 years assisted more than a hundred company owners with the sale of their businesses.
Today, we are finding that profitable businesses are getting a good deal of interest from well-financed and strategic buyers that are looking to expand their operations through acquisitions. As a consequence, one of our approaches to selling a business is geared to finding a strategic buyer with the advantage of synergies with the vendor and proven expertise in the area in which the vendor’s business is involved in.
Which businesses will sell in 2022?
The businesses we 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. In 2022 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 should not be underestimated.
Proper planning and representation when exiting a business can deliver tremendous value. A discussion around the related topics can certainly be useful to a business Owner.
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.