TRAVELING FOR BUSINESS
Specializing in business sales and transitions across Northern Ontario
Minimizing risk, maximizing value, ensuring confidentiality
Finding the right business to fit a client’s interests, lifestyle and financial needs.
Working collaboratively and confidentially with Sellers and Buyers.
Our professional advisors are committed to successfully facilitating and managing your sale or purchase of a business.
Sunbelt Northern Ontario
Sunbelt is the largest business brokerage network in the world, with over 250 offices globally, each independently owned and operated. Our Northern Ontario office is no different, with a team of talented and dedicated advisors who were born, raised, and conduct business in the North.
Testimonials
Sunbelt Northern Ontario
Who We Are
We are a team of professional business intermediaries committed to facilitating mid-market business transactions across Northern Ontario. Our firm’s focus is confidentially marketing our Client’s business to buyer prospects who are serious, qualified and capable of completing a business transaction. We follow a methodical process that allows us to keep the identity of the Business and Business Owner confidential, without compromise. Discretion and attention to detail are the cornerstones of our success.
Our reputation for successfully completing transactions with sophisticated, established businesses and our strength in building and sustaining strong working relationships with a network of professionals in the North is a distinct advantage of working with our team. As such, our advisors have a deep understanding and knowledge of the unique Northern Ontario business landscape, a unique skill set, and key competencies that are pivotal to ensuring success in guiding our clients through some of the potential complexities associated with a business sale or purchase.
To date, we have successfully closed numerous transactions across a number of different industries in communities located as far North as Moosonee, West as Sioux Lookout, East as Mattawa, and South of Barrie.
Steve Renelli
Owner, M&A Advisor, Business Broker, Broker of Record
M&AMI, CBI, CMEA
Recent Successful Northern Ontario Transactions
Below are a few examples of some of the industries in which we’ve recently closed successful transactions. The information is restricted to the industry in which the business operates in order to respect our Seller’s and Buyer’s need for maintained confidentiality.
Metal Fabrication and Manufacturing Business
Transportation Business
Construction and Excavation Business
Industrial Laundry and Restoration Business
Ski Resort
Contact us directly to learn more about our full list of engagements.
Frequently Asked Questions
What potential clients often ask us
Our advisors have significant experience valuing and marketing businesses exclusively in Northern Ontario. We are continually adding to an internal database of qualified buyers who are actively seeking opportunities in the North, while leveraging our access to an extensive buyer network throughout North America.
We follow a methodical process in order to confidentially market businesses. As we do so, our clients’ valuable time can be devoted to operating their business and maintaining maximum value while we manage finding, screening, and fielding questions from potential buyers and communicating the true value of the Business. Our role is to diligently take care of securing potential buyer interest, contextualizing and communicating business value.
It’s important to understand the true value of your business before taking your business to market. Our advisors utilize 12 different internationally recognized methodologies in our valuation process, taking into consideration a wide range of factors, including cash flow, industry trends, capital intensity, location and service area, competition, size and complexity, management structure, equipment, the owner’s role and responsibilities and customer base/contracts, among other factors.
If your business is priced too low, you will lose out on obtaining the true value of your business. If your business is priced too high, buyers will simply allocate their time and energy towards the next opportunity. Alternatively, lending institutions may decline to provide financing if a business is valued higher than it should be, creating frustration and wasting time for all parties involved in the process.
Well-established businesses typically have effective systems and processes in place, have trained and knowledgeable employees, relationships with recurring customers and/or have secured contracts, have spent years developing brand recognition and have purchased the necessary equipment required to operate the business and immediately generate value to a new Owner.
Most importantly, existing businesses have a financial track record of profitability that indicates to a buyer the cash flow that they should expect as a new Owner in order to mitigate providing a desirable standard of living, generate a return on their investment and service any debt taken on to purchase the business. Additionally, businesses with a history of stable, sustainable profitability are typically much easier to finance.
Business transactions typically entail a combination of buyers’ equity, third-party financing (lending institutions) and often, seller financing. The appropriate mix depends on a number of factors including the buyer’s personal investment capability, the specific business’ dynamics (cash flow, assets included in the sale, etc.), and economic trends. Our advisors are well positioned to structure creative solutions to ensure a successful outcome for all parties.
The time required for a sale depends on many factors including whether or not a business is realistically priced, the location of the business (community location, as well as the business’ location within that community) current market conditions, the type of business (service-based businesses with few fixed assets, capital-intensive businesses, etc.) and cash flow, among other factors. Transaction timelines typically range from 6 to 18 months from our initial conversations to the Closing Date.
Contact us for a confidential, commitment-free consultation
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