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Wake Up And Smell The Coffee… And Opportunity!

Performance Business Brokers Presents – This new hip specialty coffee shop in a high traffic location is serving the best espresso drinks in Edmonton at this time. Using a premium international coffee brand, they offer 11 different blend options of espresso and have created their own exclusive specialty drinks.

The cafe is fully equipped, tastefully decorated and is also staffed by a loyal and fun team of one full-time staff and two casual staff supporting its owner-operator running the show!

The cafe prides itself on serving to its devoted patrons the very best mouth-watering food, with that home-cooked touch. a light menu covering breakfast, soups and sandwiches for lunch and fine pastries for the time in between, all complemented with an easy-going modern atmosphere that adds to the overall experience.

This location and model has been built to be franchised if the new owner choices to do so.  Everything is in place to move forward into a franchisable business.

So, do not wait and contact us today for more details!  Dwight Lester 780-756-2990 or info@performancebb.ca

SOLD – Lash and Brow Studio For Sale

Are you looking to be your own boss? Are you looking to be an absentee owner? This business will allow you to be both?

This spa business is into its third year and has had huge increases year over year and is still growing.

It is located in the Edmonton area and is new, trendy and has a modern look and feel.

The business is fully staffed which will remain on and continue to grow the business.  Lots of repeat clients and new clients via word of mouth.

The space is 1100 sq. ft. with 3 years left with an option to renew for 5 years.  Great lease rate in place with a very good landlord.

Contact Dwight Lester, 780 – 756 – 2990 or by email at info@performancebb.ca

 

SOLD – Sign and Graphic Shop for sale

Landon Graphics is a well established sign and graphics company with a strong history in the. Edmonton sign and graphics industry. In business for more than 20 years, Landon graphics has expanded its portfolio to include not only signs but all types of offset and digital printing as well. Digital products range from vehicle wraps, displays, posters, sandwich boards and all types of decals. This company would be an ideal addition for any printing company whether it is offset or digital as they broker a large amount of printing and it would be easy to allocate that portion of business in house to the printing Company.

Their creative department is staffed by talented designers who are able to handle any size project. From the development of a company logo it is common for Landon Graphics to expand that logo development to produce everything from business cards, invoices, flyers, vehicle graphics and backlit storefront signage. Their customers appreciate that they are a true one stop shop that can take care of all advertizing needs.

Another service they offer is screen printing. A valuable and profitable part of the business, this service is also utilized by other sign shops that don’t have this capability.

Landon Graphics has never had to advertise or market the company as the majority of their growth resulted from referrals. There is room to grow the business through advertising or marketing that currently isn’t done. The facility is large enough to allow for all types of expansion. Another positive this business has going for it is the location. They are on one of the major thoroughfares through the city and receive a lot of exposure that way.

The bulk of their customer base is located in the Edmonton area and includes a wide variety of businesses. However their customers are not limited to the Edmonton area or even Alberta, with regular clients from Vancouver, Ontario and a number in the far north which is booming much like Alberta. Regardless of size they have built their business based on expertise and service.  A good portion of their clientele comes from the trucking industry with a number of the largest trucking companies in the area and in the north utilizing the services Landon Graphics has to offer.

Included in the purchase price is $ 68,000 worth of furniture, fixtures, computers and sign making equipment. Also included in the purchase price is $ 27,000 worth of inventory and sign making supplies.

 No specific sign industry experience is necessary to acquire this business. This business has a strong base of long term, experienced and reliable employees. The partners would be willing to stay on for a training period after the sale which would be open to negotiate. ln addition, if desired, one of the partners would be willing to continue as an employee on a part time basis.

You can view some of Landon Graphics work on their website at:

http://www.landongraphics.ca/index.html

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

Performance Business Brokers Facilitates the Sale of Two Edmonton Spray Foam Insulation Companies

April 05, 2013

Performance Business Brokers Facilitates the Sale of Two Edmonton Spray Foam Insulation Companies

EDMONTON, ALBERTA – Performance Business Brokers (www.performancebusinessbrokers.ca) of Edmonton, AB has completed the sale of Two Spray Foam insulation companies. Spray Foam insulation provides one of the highest R-Values per inch, it acts as an air and vapor barrier while being environmentally friendly and energy efficient

 Dwight Lester, President of Performance Business Brokers in Edmonton AB comments “We were able to present multiple full price offers to the sellers which allowed them to choose the right buyer who fit with the current business culture. This was not only beneficial for the employees but also for the customers they serviced as the transition to the new ownership group has been seamless.”

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

Performance Business Brokers – Sign and Graphic Shop for sale

Landon Graphics is a well established sign and graphics company with a strong history in the. Edmonton sign and graphics industry. In business for more than 20 years, Landon graphics has expanded its portfolio to include not only signs but all types of offset and digital printing as well. Digital products range from vehicle wraps, displays, posters, sandwich boards and all types of decals. This company would be an ideal addition for any printing company whether it is offset or digital as they broker a large amount of printing and it would be easy to allocate that portion of business in house to the printing Company.

Their creative department is staffed by talented designers who are able to handle any size project. From the development of a company logo it is common for Landon Graphics to expand that logo development to produce everything from business cards, invoices, flyers, vehicle graphics and backlit storefront signage. Their customers appreciate that they are a true one stop shop that can take care of all advertizing needs.

Another service they offer is screen printing. A valuable and profitable part of the business, this service is also utilized by other sign shops that don’t have this capability.

Landon Graphics has never had to advertise or market the company as the majority of their growth resulted from referrals. There is room to grow the business through advertising or marketing that currently isn’t done. The facility is large enough to allow for all types of expansion. Another positive this business has going for it is the location. They are on one of the major thoroughfares through the city and receive a lot of exposure that way.

The bulk of their customer base is located in the Edmonton area and includes a wide variety of businesses. However their customers are not limited to the Edmonton area or even Alberta, with regular clients from Vancouver, Ontario and a number in the far north which is booming much like Alberta. Regardless of size they have built their business based on expertise and service.  A good portion of their clientele comes from the trucking industry with a number of the largest trucking companies in the area and in the north utilizing the services Landon Graphics has to offer.

Included in the purchase price is $ 68,000 worth of furniture, fixtures, computers and sign making equipment. Also included in the purchase price is $ 27,000 worth of inventory and sign making supplies.

 No specific sign industry experience is necessary to acquire this business. This business has a strong base of long term, experienced and reliable employees. The partners would be willing to stay on for a training period after the sale which would be open to negotiate. ln addition, if desired, one of the partners would be willing to continue as an employee on a part time basis.

You can view some of Landon Graphics work on their website at:

http://www.landongraphics.ca/index.html

 

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

Performance Business Brokers – Home Renovation Company For Sale

For 12 years this family-owned company has provided high-quality general contractor services that cover the full spectrum of home renovations from foundation work to roof installations as well as exterior landscaping.

Its employees have a complete set of skilled trades consisting of carpentry, masonry, tiling and painting, enabling it to provide a reputable, worry-free service to its many repeat client home and commercial projects. They specialize in interior renovations such as kitchens, bathrooms, basements and they also do additions. On the landscape side they do decks, fences, paving stone walkways, patios, driveway, retaining walls, water features and planting.. The operations are run out of a home office in west Edmonton, but can be easily relocated to somewhere else.

The renovation business is a booming industry with growth areas like condo, sustainable, and “Age in Place” senior customer markets. The owner is looking to move to Calgary for family reasons but is willing to stay on for a mutually agreeable transition period. This is an ideal opportunity for someone with previous experience in the general contracting trades, renovation or building industry, and who wants to become independent by taking over a well-established service-oriented business. It is also interesting for an established construction business to expand its capabilities in high-end residential renovation work and take over a loyal client base.

The company has over $600,000 of business already booked for Spring 2012.

Fixtures, Furniture & Equipment are a fair market value estimate as provided by the owner. A small amount of inventory is included. Cash Flow includes owner’s remuneration.

 This business has a strong base of long term, experienced and reliable employees

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

Edmonton Business Broker – Tip of the Day

Buy a Business – Asset Purchase vs. Stock Purchase

Buying a business, especially if it is your first time, can be overwhelming. Will you purchase the assets of the business, or its stock? Which is more beneficial for you? There is no clear-cut answer to this question as it really depends on your circumstances.

In an asset purchase, you buy the company’s assets – furniture, vehicles, equipment, inventory, etc. The shares of stocks remain with the seller. In a stock purchase, you are buying everything the seller owns – stocks, assets and liabilities. You take over as the new owner of the business.

Should You Buy Assets or Stock When Buying a Business?

It is worthwhile to seek the services of a corporate lawyer and an accountant before buying a business. They can advise you on what is the best purchase option for you.

If a business for sale is doing well, you can opt for a stock purchase. However, if the business isn’t profitable, a stock purchase may not be the best option because you may be assuming its liabilities. Find out why the business is being sold.

If you want to build your own company, go ahead with an asset purchase. Before doing so, conduct thorough due diligence. Choose the assets you want to acquire, and the liabilities you intend to assume.

Two key factors – liabilities and depreciation – could determine which is the better option for you. When you purchase company stock, you also assume all its liabilities – disclosed or unknown. A seller may not be forthright about all the liabilities during negotiations. You could have also missed uncovering these liabilities during due diligence. In an asset purchase, you can avoid most of the liabilities. You are responsible only for those identified in the purchase agreement.

Depreciation is the process of deducting a portion of the cost of an asset from the income each year. In a stock purchase, you, as the new asset owner, will just continue deducting depreciation as the previous owner did. In an asset sale, though, the tax law allows you to depreciate the entire purchase price.

Asset Purchase vs. Stock Purchase: Advantages & Disadvantages

  1. In an asset purchase, the assets and liabilities are recorded at fair market value. You can claim the fair market value of tangible assets for depreciation, which results in lower taxes. In a stock purchase, the assets and liabilities are carried over and depreciated as before the purchase.
  2. You acquire the entire business, including all assets and liabilities when you purchase the company’s stock. In an asset purchase, you assume some of the liabilities. You can also choose the useful assets you want for your new company.
  3. An asset purchase may require more documentation. The transfer of ownership of the assets, liabilities and related contracts may need to be filed with the appropriate government agencies. This is not a requirement in a stock transaction. A stock purchase is easier and cheaper to implement, especially if the company only has a few shareholders.

In a stock purchase, you inherit the contracts, permits and licenses. In an asset purchase, you need to file or register for these with the appropriate agencies.

  1. There is no problem with minority shareholders who refuse to sell in an asset transaction. Multiple shareholders could block a buyer’s desire to own 100% of the company in a stock purchase.
  2. You may need to pay for sales or transfer taxes on the sale of assets. A stock transaction avoids some of these taxes.

Buying a business is complicated in itself. Each business purchase transaction is unique. Obtaining professional legal and accounting assistance is a must for a successful business acquisition. As a business buyer, which purchase option is better for you?

Brought to you by: Dwight Lester, Performance Business Broker, Edmonton Alberta

 

Edmonton Business Broker – Tip of the Day

Share Sale vs Asset Sale

When buying an existing business you may have the option of either purchasing the shares of the business or the assets of the business. If you purchase the shares of the business, you inherit the debts and liabilities of the business at that time. You also have an exposure to any debts and liabilities which may arise in the future (even if they relate to events before the shares were acquired).

If you are purchasing shares in the company it may be prudent to negotiate a legal indemnity with the vendor to cover any debts which may arise.

Performance Business Brokers has experience in negotiating the sale of small to medium businesses. We understand the commercial considerations of different sale options, and can advise business owners on the most appropriate structure.

Contact us today for a confidential discussion about your business.

Presented by Dwight Lester, Performance Business Brokers

Edmonton Business Brokers – Business For Sale

Performance Business Brokers Presents:

A great opportunity to buy an established growing business in Bonnyville has just been listed for sale.

This Spa Company is a full retail outlet that sells, installs and repairs the top brand names in the hot tub industry at great prices. They also sell outdoor structures, Steam Showers, and cedar accessories.  For your indoor enjoyment they also retail pool tables and games room furniture and furnishings.

The Spas are made locally in Throsby Alberta and are made to handle the worst our cold climate can throw at them due to superior engineering. The tubs are 33% more efficient to run than any tub in the market.
This Spa Company has been in business since 2005 and has shown profitable growth every year. The store is located on the busiest corner in Bonnyville giving it excellent exposure.
You can view their Web Site at: www.arcticspasbonnyville.com
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 Purified Water Store listing as well.
For full information, please email us today at info@performancebb.ca or call Dwight Lester at 780-756-2990.