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Wig & Hair Extension Retail Store

Performance Business Brokers Presents – This well established hair extension and wig store is located in the busiest area of Edmonton.  Foot traffic is extremely high and many customers are repeat customers. The store has been open for over ten years and has great repeat business.

Staffed with 3FT and 2 PT the store can be owner operated or run at arms length. The stores current lease runs for another 6 year under favorable terms. This is a turn key operation.

Purchase price of $400K includes $100K of inventory.

For complete information contact Dwight Lester, 780-756-2990 or info@performancebb.ca

Franchise Pet Food Store For Sale in Edmonton

This high volume pet store is in an ideal location, in a high traffic shopping center, centrally located to the perfect demographics for this type of business. It has been established for over 10 years and has flourished as the go-to pet store for dog and cat food, supplements, accessories, toys, treats, leashes, collars, and professional advice on care and feeding of dogs and cats. This business has been built upon its reputation for quality service and advice, professionalism, and caring for each customer individually. This store is part of a national franchise with over 50 stores in Canada.

The business also has a dog grooming room that is subleased out.

This is a totally turnkey business just waiting for the new owner to take it to the next level. This is a diamond mine just waiting for the new owner to start harvesting the diamonds and reaping the profits.

For complete details contact Dwight Lester, 780-499-2386 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

 

Very Well Equipped Machine Shop For Sale

This well-regarded Edmonton based Company specializes in the development and manufacture of parts and components, precision CNC Machining services and Repair Solutions.  Their products are used by a variety of industries and sectors. The Company’s customer base of loyal customers are primarily located in Alberta, however they do serve some international markets.

The Company has a great reputation for comprehensive equipment capabilities, value-added services and a staunch focus on customer service; which, results in excellent customer relationships and high rate of repeat business. Significant growth potential exists via more aggressive business development efforts, expanded service offerings, as well as geographic expansion.

The Company prides itself on its ability to produce custom precision products to meet exacting specifications. This competency has allowed the company to develop long term customer relationships, leading to repeat and referral business.

This dynamic and forward thinking company has consistently invested in new equipment. It offers its customers the best manufacturing technologies and service; ensuring demanding standards of quality are achieved.

Given its robust equipment, which has been appraised at over $ 2 million, the Company has additional capacity available throughout their large shop.  With close to 20 employees no project is too big to be handled. The only limitation is the 10 Ton crane.

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

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

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 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