First of all, to search for you I will need to understand what type of business/ industry you are looking for. After I can understand which businesses can best suite your needs and skillset, we can discuss your budget and desired profit.

Manitoba law requires every Realtor enter into a service agreement before providing any real estate services with clients. Once that is signed, I am able to send you listings and show you off market deals!

It is also recommended that you keep yourself active in the search, if you do find something you like, let me know and we can see if it's a feasible investment! We will always try to get all the important documents we need for this; including 3 years of financial statements, the lease (if leasehold), a price breakdown of the business, comparables of similar businesses, and anything else we need for the specific business. After we have everything we need, we can discuss submitting an offer and negotiating with the seller.

Once the offer is accepted, there is lots of work to complete to make the deal happen. Most often, before an offer is placed sellers will only provide the information required for the buyer to determine what price to offer, so that way both parties can agree on the price before they spend too much time working on the deal.

Once the price is agreed upon (Offer accepted), the buyer and the seller must work through conditions that affect the sale to make it happen. For the buyer this usually involves acquiring financing, doing a due diligence search, and approving documents requested from the seller such as an equipment list.

For the seller, the work often involves creating such documents such as the equipment list, and fulfilling other conditions that both parties agreed to, such as doing upgrades to an AC unit for example. The deal is only firm once both parties have fulfilled their conditions on the sale, often this can take months.