Buying an established business can be a fantastic way to enter the world of entrepreneurship. If you’re interested in browsing businesses for sale in Kelowna, Vancouver, and the surrounding areas, work with the brokerage team at Pacific M&A to find your dream opportunity!
Why Buy a Business in Kelowna vs. Start a Business?
While there are benefits and drawbacks to both starting a business and buying an established business, careful analysis shows that buying is significantly less risky than starting from scratch. Some other benefits of buying a business include:
- Established brand identity
- Proven business model
- Existing partners, vendors, and relationships
- Trained employees
- Established cash flow
To learn more about the benefits of buying a business, and to browse companies for sale in the Kelowna area, contact Pacific M&A and Business Brokers Ltd. today!
5 Questions to Ask Before Buying a Small Business in Kelowna, BC
If you’re contemplating buying a small business in Kelowna, BC, ask these five questions to ensure you’re getting a great deal.
- Why is the owner exiting the business?
- What is included in the asking price?
- What is the small business actually worth?
- Is seller or owner financing available?
- How is the business performing today, and how does it compare to competitors in the British Columbia market?
Because these questions often result in multifaceted answers, it is recommended that you work with a business broker or a trusted advisor when buying a small business. With an experienced broker guiding you through the sales process, you can rest assured knowing that you’re making a smart investment.
For more information on buying a small Kelowna business or to browse local businesses for sale, contact our Kelowna office at:
Pacific M&A and Business Brokers Ltd.
201-3295 Lakeshore Road
Kelowna, BC V1W 3S9
Our experienced business brokers in Kelowna, BC look forward to helping you find your dream business opportunity in Kelowna, BC.