Are you looking to get involved in a lucrative business opportunity? Working as an employee while someone else makes the big bucks is probably not the path that will get you there. Are you aware that 75 percent of millionaires earned their money by owning their own business? Let the experts at Great Canadian Consulting guide you down the path towards financial security and in many instances vast wealth. The smart money is not on starting businesses from the ground up, rather it’s in purchasing an established business and adding to its already proven profits.
Great Canadian Consulting employs a team of in house brokers, consultants, and lawyers all of whom are committed to assist you in your quest to gain financial independence by helping you buy and sell businesses. As one of the best connected and knowledgeable financial consulting firms in the GTA we’re lending our expertise guiding buyers and sellers until the closing.
Our formula works very well and our businesses sell for two to four times net profit. The net profit is used as the guideline for the down payment that would be paid by the buyer (usually a third of the total sale). Seller will usually finance the remaining balance for five years. The buyer is allowed and even encouraged to sit in the business long enough to do his due diligence and check the numbers. Buyer will be allowed and encouraged to bring in his own accountant or auditor to investigate that the financials of the business satisfy his expectations.
We work only on the sale of a business that is well established and with a potential buyer that is willing to prove that he has the capital to purchase said business so that the buyer and seller can walk away satisfied.