Transitions is a boutique business brokerage serving the GTA. It was created with a purpose, and a new approach. While some firms consider selling or buying a business as a transaction, our philosophy is
“You’re not a transaction, You are going through a Transition!”
If you are a business owner considering Selling your business, how many times will you sell it? ONCE!
Our purpose is to change the lives of small business owners just like you by changing your outcome. “What outcome?” The outcome of your business sale becoming “one of the statistics”.
Do you realize that industry estimates are that out of ten businesses listed for sale only five will get an offer, only 2 will sell, and only 1 will sell on the sellers terms. These industry statistics are grim, but they don’t have to be for you.
That’s Right! You only sell your business once, and going to market unprepared can be extremely costly, and not just in money – in time, energy, and lost opportunity. In fact, sellers going to market unprepared is the driving force behind the abysmal failure rate of small business transactions.
We believe that you and your business should be fully prepared for both going to market and for your upcoming transition. That means proceeding on your terms, on your timeline, and with a solid strategy to transition you into your next chapter while leaving your legacy intact.
Alternatively, are you interested in Buying a business but don’t know how to go about it, or even where to start?
Just like sellers, how many times does the typical buyer purchase a business? ONCE! As a buyer, you are heading into your own transitional journey, one filled with several pitfalls, and numerous risks, and multiple opportunities for costly mistakes to occur. Your best protection? A solid education in exactly how to buy a business. Our unique buyer process ensures you have the knowledge, skills, and confidence to make your business buying dreams a reality.
We believe educated buyers are exceptional buyers, and exceptional buyers complete successful transitions.
Where others look only for a transaction, we’re different!
Why? because “the transaction is successful only if the transition is successful!”
-Vincent Côté, Broker, CEO, Transitions.
Over the last couple of years, I’d been thinking about retiring and getting out of my business. I had asked my accountant about a valuation, but they didn’t offer that service, and I couldn’t find anyone locally who did. When I saw an ad from Transitions Business Brokers about business valuations, I decided to reach out.
The process wasn’t difficult. Vincent clearly outlined what he needed, and I was able to securely upload my documents through a shared link, which I appreciated. He was thorough, understanding, and answered my questions along the way.
What I was really looking for was a realistic sale price, and the valuation gave me that. It came in very close to what I expected, which gave me confidence to move forward with listing the business.
If someone is looking for a valuation, I’d recommend Transitions.
We felt ready to move on from our business, but wanted its legacy to live on. From the start, Vincent understood that goal. He’s listened, he’s been patient, and he’s been eager to help us succeed in the selling process. We feel very lucky to be working with him.
Something we’re especially grateful for is that he gets how important it is to find the right people to take over. When we turned down offers from buyers who didn’t feel like a good fit, we never felt pressured to accept anything that didn’t sit right with us.
As we continue to look for the right buyer, we would absolutely recommend Transitions to anyone looking to sell. We feel heard, understood, and uplifted. Vincent has been thorough in helping us prepare and a joy to work with at every step.
I found Vincent to be a very transparent, honest individual. He was always forthright with absolutely everything from start to finish. He explained things well, went into detail when necessary, and I had a great interaction with him.
He was definitely very thorough and methodical. When you’re doing a business deal, issues are going to come up—and Vincent was a calming influence. He made sure the transaction was always moving forward, and any issues that came up were looked after as soon as possible. He was a great liaison between the seller and me, and we worked well together.
Even after the deal was done, he stayed in touch and offered help as we got going with the business. He always puts his best foot forward. He’s always welcome here, and I wouldn’t hesitate to recommend him for the sale or purchase of a business.
The preparation stage is crucial to success. Taking your business to market unprepared can be tremendously costly. The decision to sell is a serious step. You only sell once, So make it count!
Only once you and your business are ready, will we go to market. We have three duties to our business sellers, Keep your transaction confidential, Bring only qualified buyer to the table, negotiate the best deal for your situation. Selling your business is our business!
Thinking of buying a business but not sure where to start, or how to go about it? Get Educated! Attend one of our buyer information seminars – online or in person.
If you know what type of business you want, have qualified your budget and your needs we will work with you to find that “right for me” business.