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SOLD – Licensed Massage Training School For Sale

For the past 14 years the company for sale has been providing massage training under a private vocational school license issued by the Province of Alberta.

The school operates in multiple locations throughout the province.  Due to being licensed already with the province additional programs can be offered leading to certificates or diplomas.

Graduates are trained to meet therapeutic needs of the Clients and the requirements of their Group Insurance Companies.

As a leader among massage therapy schools in Alberta, they pride themselves in teaching our graduates how to be successful in the workplace. The instructors are all practicing therapists in the communities in which they teach. They are committed to passing on their knowledge, as well as the practical skills they have honed in their many years of practice.

The school offers two programs in Massage; Swedish Relaxation (900 hours), and Massage Therapy (1300 hours).

This allows for a total of 2200 hours, which is the standard generally accepted across Canada.

The courses offered are part time in class and part time home study, with online support and access to the instructors during the time away from class. This allows for the students to have more control over which hours they study, and consequently to fit the course into their present lifestyle.

The current owner is looking to retire but will remain on and work with the new owner on a day by day basis to ensure a smooth transition.

For more information on this business contact Dwight Lester at 780-756-2990 or at info@performancebb.ca

SOLD – Fire Protection Business for Sale

Fire Sprinkler Contracting Company

Edmonton Alberta 

For the past 7 years the company for sale has been providing fire sprinkler system design, fabrication, and installation, inspection, and maintenance services for various types of industrial, residential and commercial buildings. 35 %  of  the  primary  business  activity  is inspections and tests, 30% is for service and repairs, 20% is new equipment installation, 10% it equipment sales and 5% consulting.

The Company handles a wide-array of fire protection needs, ranging from small, retrofit projects to new building installations, repairs, inspections, and confidence testing services. Typical projects include manufacturing facilities, health care facilities, big box retail stores, schools, paper mills, fast food chains, warehouses, and a large variety of other buildings.

Growth projections are strong, with additional work coming due to increasing government regulations, the insurance industry provides tangible incentives for companies to improve their fire protection systems. This company is positioned to meet these needs with its high-performing team of experienced and skilled personnel.

The ideal buyers would include competitive companies interested in expanding their presence throughout the region, or complimentary companies looking to expand product and service offerings to their current customer base, or individuals who are interested in handling the higher level management responsibilities of the business.

For more information on this business contact Dwight Lester at 780-756-2990 or at info@performancebb.ca

Performance Business Brokers Facilitates the Sale of Grizzly Disposal Solution

March 13, 2014 10:30 ET

Performance Business Brokers Facilitates the Sale of Grizzly Disposal Solution by Way of Controlled Auction in Edmonton, Alberta

EDMONTON, ALBERTA–(Marketwired – March 13, 2014) – Performance Business Brokers (www.performancebusinessbrokers.ca) of Edmonton, AB has completed the sale of Grizzly Disposal Solutions in Lac La Biche, Alberta. Grizzly Disposal is a full service Waste Disposal Solutions company specializing in front load, roll-off and curbside waste service. Their customers range from residential, commercial and oil field servicing, including many in the oils sands field.

Dwight Lester, President of Performance Business Brokers in Edmonton AB comments, “With the type of business being sold and knowing that there were multiple possible suitors we concluded the best process for selling the business was through a controlled auction. Our objective was to create a competitive market among multiple buyers for the sale of this business.” Norman Charest, the Sellers commented, “Working with Performance Business Brokers was the right choice for us. Dwight provided great guidance throughout the whole process from the first day in listing the business for sale and throughout the process including closing.”

About Performance Business Brokers, Edmonton

Performance Business Brokers is a full service Edmonton Business Brokerage Company that sells businesses across Alberta. We specialize in business valuations, packaging, listing and the selling of existing businesses and new business opportunities.

Selling your business is one of the most important financial decisions you will ever make and it can involve high levels of stress and anxiety. Working with a professional can reduce the stress by determining the optimal selling price and terms for the seller. The majority of a business owners’ wealth is often tied to the business so a properly executed exit from it is paramount. It is important to ensure you have the right team to guide you when selling your business.

Selling Businesses is our ONLY Business

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Business Valuation Aspects Crucial for Purchasing a Business

In the world of trade and commerce, the purchase of one business by another is not uncommon. In fact, whenever a business wants to grow, besides widening its avenues of trade, it also tries to acquire other relatively weaker businesses with a view to establish its very presence in the commercial world. The entire process may look quite simple. However, in reality it is a pretty complex exercise as there are a lot of technicalities that are required to be taken into account to make sure that the decision turns out to be financially fruitful for the company vying for the deal at the end of the day.

Here we bring to you some finer points that a company needs to take into consideration prior to acquiring a business. Things are no different in purchase of businesses in Edmonton. Hence, all these points revolve around the concept of business valuation in Edmonton, which is an indispensable factor on which buying a business in Edmonton as well as in the rest of the world depends.

  • The Suitable Standard of Value that is to be Considered – When it comes to taking into account suitable standard of value, there are two varieties of standards. While one is fair market value the other is the strategic value.
    1. Fair Market Value – It is the value that represents the value or the worth of a particular business in case it is to be sold out to a third party who is not related to the business. It also determines the floor value of the business which ultimately decides the acceptable price or value in the event of a sale. It is typically considered as the most realistic or appropriate value in case financial buyers are involved in the sale. This is simply because these buyers do not have any synergy to squeeze out of the business and hence are more inclined to acquire the business in “as it is” condition and continue with its normal operation unabated.
    2. Strategic Value – This comes into play when the acquiring a business that are from the same niche of industry and the deal that is struck between them is a strategic one. This happens when the purchaser considers the effect of the redundant expenses that can be eliminated or avoided. The elimination of these expenses would allow the purchaser to pay a cost that is more than the fair market price though that will still give a greater return at the end of the day.
  • The Amount of Impact the Purchase Structure will Have on the Price – The structure of a deal greatly impacts the price. Parties involved in a deal may ponder over the fact as to whether they should structure a particular deal as a stock deal or an asset deal, for this will in turn ultimately put an effect on the price of the deal once it is struck. Sellers of businesses generally opt for stock deals as their proceeds are considered taxable as capital gains only once. In case of stock deals, the buyer is purchasing the legal entity and all items on the balance sheet which will include all the contingent as well as unknown liabilities would be assumed by the purchaser.
  • Taking into Account the Earn-outs – Earn-out is an effective tool when it comes to considering business valuation in Edmonton for acquiring a business. It comes in handy when bridging the difference between the seller and buyer of a business in case they cannot agree in terms of price. In case of an earn-out, the two parties come to an agreement that once the transaction is closed, the seller might get some additional payments that are based on the performance of the company. It enables the purchaser to compensate the seller in certain aspects if and when certain activity levels are attained and to keep the price lower in case the targets are not achieved.

If you take into account the concept of business purchase on a broader perspective, the issues that we have discussed so far collectively form a mere tip of an iceberg. This is because there are innumerable aspects of business purchasing that comes into play depending upon the real life scenario that crop up during these deals.

All said and done, it is a process that is better handled by Performance Business Brokers who are expert in business purchase deals and related activities.

Edmonton Business Broker Sells Flower Shop

October 02, 2013

Performance Business Brokers Facilitates the sale of Flowers By Merle in Edmonton Alberta

EDMONTON, ALBERTA – Performance Business Brokers (www.performancebusinessbrokers.ca) of Edmonton, AB has completed the sale of Flowers By Merle on Stony Plain road.  Flowers By Merle was a family owned fixture in the Edmonton flower industry for 47 years. The new owners acknowledge the Flower Shops time in the market place as being a key factor in purchasing the business. The shop is renowned for their amazing selection of fresh cut flowers and flowering plants. Outstanding exotic varieties and interesting foliages arrive directly from growers in South America, Hawaii, California and British Columbia.

 

Dwight Lester, President of Performance Business Brokers in Edmonton AB comments “In a short 90 days we listed the business to sell, presented multiple offers, and completed the sales transaction. Both the seller and the buyer were happy with the efficiency of the sale”. The new owners commented, “Working with Performance Business Brokers was exceptional. Dwight provided great guidance with the due diligence process and assistance during the transition to the new owners”.

 

About Performance Business Brokers, Edmonton

Performance Business Brokers is a full service Edmonton Business Brokerage Company that sells businesses across Alberta. We specialize in business valuations, packaging, listing and the selling of existing businesses and new business opportunities.

Selling your business is one of the most important financial decisions you will ever make and it can involve high levels of stress and anxiety. Working with a professional can reduce the stress by determining the optimal selling price and terms for the seller.  The majority of a business owners’ wealth is often tied to the business so a properly executed exit from it is paramount. It is important to ensure you have the right team to guide you when selling your business.

 

Selling Businesses is our ONLY Business

 

Contact us today at 780-756-2990, or by email at info@performancebb.ca  Suite 220 – 11717 – 42 St. Edmonton AB.  www.performancebusinessbrokers.ca

Edmonton Business Broker – Oilfield Maintenance Company For Sale

Performance Business Brokers Presents

If you are looking a solid company with a 20 years history in the Oilfield Maintenance business your wait is over.

This company services oilfield companies in the north eastern region of Alberta, with experienced crews. The company specializes in winter road building, Snow making, picker truck and hotshot services and chain link fencing installation.

They have a complete line of equipment to build and clear winter roads and to provide grass cutting services for high grade roads in the summer months.

The company prides itself on safety and in the last ten years there have been no lost time accidents or injuries on any of their projects.

For full information on this business contact Dwight Lester at 780-756-2990 or info@performancebb.ca

 

Edmonton Business Broker Presents – Why you shouldn’t hire a real estate agent to sell your business

Why you shouldn’t hire a real estate agent to sell your business

Chris Griffiths

Published Tuesday, Apr. 30, 2013 05:00AM EDT

While I have benefited greatly from the services of real estate agents for the sale of personal and commercial properties, I would never use one to broker the sale of my business. Here’s why and some ideas for alternative approaches.

If you are selling your business and your business includes a real estate asset or assets, by all means, use a real estate agent for those transactions. I have done several real estate transactions over the years and in 100 per cent of the cases, the real agents I dealt with added tremendous value and an obvious return on investment from their commissions and fees.

Most businesses who own real estate acquire those properties under separate holding companies, so it’s easy to treat the sale of the property (retail store, repair shop, manufacturing facility) differently than the sale of the operating company. Many buyers looking to purchase a business may prefer to rent, so even if your operating company owns a property, you may find yourself selling it separately or as an option.

A real estate agent is a valuable contributor, whether it be on a commission basis during a sale offering, or on a fee-for-service basis as a consultant on how to approach the sale or your business property. However, when it comes to preparing a operating business for sale, and managing the transaction process to closing, hiring a real estate agent is not your best approach.

You see, an operating business is far more complex than a structure and land. Your business has many dynamics that influence its performance and valuing your business fairly, for both you and your buyer, is extremely complex – at least when it’s done correctly.

I often look in the real estate sections of my local paper and see businesses listed and wonder how an owner and the real estate agent could attract me to buy. As a buyer, I want to see:

  • Detailed income statements, balance sheets and cash flows for the past three years as well as a prospectus on the business that covers the history and the future, including detailed financial projections;
  • Non-tangible assets; for example, customer lists and subscription retention rates, and I want to see industry information and a competitive analysis;
  • A list of owner benefits; costs that the business absorbs, but benefits the owner on a personal level as well, such as vehicles or other;
  • Employee performance histories and compensation levels.

I’d also want to discuss terms, an asset sale versus a share sale, and explore areas where there may be risks for future litigation. I’d want to discuss representations and warranties so I know there is some fall back if it turns out I was sold a lemon through misrepresentations of the facts.

But above all, I want to talk to someone who can answer all the questions above, and more, with confidence. As an owner, you may not be prepared to answer these if you haven’t been coached through the process in advance.

Besides running ads, most real estate agents don’t have the background to help a small business owner prepare all the aforementioned information. The bigger the business, the more important this information becomes. After all, you are not just selling a business, you are selling money – future money. An acquirer will value your business based on the profitability and free cash flow that your business is currently generating and will generate many years into the future. Sure, some small businesses are acquired as “lifestyle” businesses, where high growth and free cash flow are not prioritized as much as a steady income and the involvement in an industry that the buyer may be passionate about – looking for little more than a decent salary. Control over his or her own destiny and some fun may be what some buyers are after.

This is why you need to hire a business broker. He or she can help you position your business for all different types of buyers. Whether on commission or fee-for-service, business brokers can identify these and other ways that you need to prepare your business for sale.

While the broker may guide you, you should want to play a proactive role in the creation of your prospectus — a detailed document, like a business plan, that outlines all key aspects of the business. After all the years you’ve spent selling on behalf of your business, this may be the most important sale of your life and only you can portray all the value your business can bring to a new owner.

With the guidance of a business broker, you will be challenged to take nothing for granted and look at business value from many, many angles that may not be top of mind for you. A business broker will help position the business for sale and help negotiate the terms – which can get complicated with earn outs, escrows, hold backs and owner financing options.

So don’t let what may be the biggest transaction of your life turn into something you think will be “obvious” to a new owner based on an ad in the paper. Do your homework and ask for help from experts so you maximize your sale and have no regrets.

Special to The Globe and Mail

FOr all your Business Sale needs contact, Dwight Lester Performance Business Brokers

Edmonton Business Broker – Restaurant for Sale

This is a great opportunity to buy all the assets of a fully fixtured restaurant in the Edmonton area. Buyer must also assume a very good lease (6 years left + 2 – 5 yr options).

 This restaurant is a turnkey opportunity for any restaurant operator or anyone looking to get into the restaurant or pub business.  Bring your own restaurant name and menu and you can walk into a complete fully fixtured and staffed restaurant.

 The restaurant is 3000 sq ft on the main floor and also has an 800 sq ft mezzanine that is open to the main floor.  Seating can be configured for 170 per the fire capacity permit.  Current layout is set up for 40 seats on the mezzanine and 100 on the main floor.  The space also has the ability to have a 30 ft X 23 ft patio with an addition seating for 40.

 There is so much equipment included in the sale you will need nothing to start operating. Built new just 4 years ago some of major equipment is:

 36’ char broiler                      10 burner double oven range

6 burner range                      4 well steam table

5’ cold table                           6’ cold table  

4’ cold table                           2 – 2 basket deep fryer

Low temp dish washer with dirty and clean tabling

3 door cooler             8 X 8 walk-in cooler with raking

Prep tables                            upright freezer

2 chest freezers                    on demand hot water

16’ hood with full fire suppression system

Make up Air and Exhaust system

75 chairs                                20 tables

20 bar stools                          5 bar tables

2 tower keg cooler                stereo and installed speakers

3 flat panel TVs and satellite system

250 lb Scott ice machine      Bar top glass washer

8 sets of racking

 The list goes on and on and it does not even go into all the small wares and such.

 This won’t last long at the price it is being sold for!!! Assume the favorable lease and receive all the assets for $90K.

 For full information, please give us a call today at 780-756-2990 or email us at info@performancebb.ca

Performance Business Brokers Facilitates the Sale of Chenoa`s K9 Club

Edmonton Alberta (PRWEB) January 31, 2013

Performance Business Brokers of Edmonton, AB (www.performancebusinessbrokers.ca) has completed the business sale of Chenoa`s K9 Club, (www.chenoask9club.net) a business that provides a true open concept/pack environment dog daycare. Chenoa`s offers dog daycare, grooming services and overnight boarding along with a fully stocked retail food section.

The Company was purchased by Dean & Leah Walsh of Waggytails. The Buyer, Mr. Dean Walsh commented “Performance Business Brokers assisted us through all steps of the business acquisition. They made the transaction seamless from the start with the offer to purchase right through to closing”.

Mr. Walsh goes on to state “Waggytails’ goal is to focus on quality care for our daily dog daycare attendees. We pride our facility and staff on producing a mentally and physically healthy environment for your beloved pooch to spend the day. We adhere to a strict daily limit of dogs at the daycare. This ensures each dog receives the highest level of care and attention they deserve. The dog to staff ratio is lower so we can focus on truly getting to know each dog individually. To us, your pooch is not just another dog; we will take the time to familiarize ourselves with their special needs and personalities in order to care for them to the best of our abilities.”

About Performance Business Brokers, Edmonton

Performance Business Brokers is a full service Business Brokerage company that sells businesses across Alberta and is based in Edmonton Alberta, Canada. We specialize in business valuations, packaging, listing and the selling of existing businesses and new business opportunities.

Dwight Lester, President of Performance Business Brokers notes, “Selling your business is one of the most important financial decisions you will ever make and it can involve high levels of stress and anxiety. Working with a professional can reduce the stress by determining the optimal selling price and terms for the seller. The majority of a business owners’ wealth is often tied to the business so a properly executed exit from is paramount. It is important to ensure you have the right team to guide you when selling your business. Performance Business Brokers in Edmonton Alberta is your right team!”

Contact us today to sell your business at 780-756-2990, or by email at info@performancebb.ca Suite 220 – 11717 – 42 St. Edmonton AB. http://www.performancebusinessbrokers.ca/businesses-for-sale-edmonton.html

Edmonton Business Broker Presents

This is your opportunity to acquire a growing Purified Water store in Bonnyville Alberta.

Purified Water Store is a full service retail outlet that sell Purified Water by the gallon, purified ice and various other bottled water related products and services. The store is equipped with state of the art water purification system which dispenses Superior quality drinking water for approximately 30% – 70% less than retail supermarkets or private water delivery services. 

Customers bring in their own containers or purchase one of the many quality bottles and dispensers available from the Purified Water Store. The store also sells a tremendous amount of water related products such as lead free porcelain water crocks and stands, water coolers, water pump, filters, reverse osmoses systems and filters of all sorts.

 The Purified Water Store has been in business since 2000 and has shown growth every year. The store operates out of a 2500 sq. ft. store in the same building as Lakeland Arctic Spas.

 Bonnyville is the centre of oil field activity and is expanding rapidly. Due to the influx of people there are ample opportunities for growth in the above mentioned product lines.

The Town of Bonnyville is located in northeastern Alberta, approximately 240 kilometers (150 miles) from the provincial capital of Edmonton. The Town’s motto – “it’s Multi-Natural” – refers to the town’s celebration of its diverse cultural heritage and rich natural resources.

The economy is growing and expanding faster that the provincial average creating employment opportunities in construction, oil and gas, as well as retail sales. As a major service area, the Town serves more than 10,000 people. The Bonnyville market area is strong with a population of 27,000 within 30 minutes driving time, 49,500 within 60 minutes, and 56,500 within 90 minutes. Bonnyville is the HUB for the oil and gas industry with over 60 national and international companies setting up head offices within the Town.

Additional community information can be viewed at: www.town.bonnyville.ab.ca

This business can also be purchased with a complementing business that operates out of the same building. Please see our Lakeland Arctic Spas listing as well.

For full information, please give us a call today 780-756-2990, or email us at Dwight@performancebb.ca