How do I sell my business in Surrey, BC?
Start with a confidential review of the business, financial records, lease, assets, licences, staffing, timing and disclosure risks. Then establish a supportable market position, prepare separate public and confidential information, screen prospective buyers and coordinate an appropriately conditioned offer with your lawyer, accountant and other advisers.
Who can help me sell my business in Surrey?
Look for a professional whose current licence and brokerage can be independently verified and whose written service plan covers confidentiality, buyer screening, marketing, premises, offers and communication. Harry Khosa PREC* is licensed by BCFSA for Trading Services through SRS Panorama Realty; whether he is the right fit depends on your business and objectives.
Is it worth using a business broker?
A broker can add value when the transaction needs confidential marketing, buyer qualification, commercial-premises coordination and organized follow-up. Whether that value justifies the cost depends on the business, the proposed service and the written agreement.
What fees do business brokers charge in Surrey?
Fees and related expenses vary by representative, transaction and agreement. Ask for the commission, marketing costs, cooperation terms, listing period and termination provisions in writing, then compare the complete service rather than only one number.
Can I sell my Surrey business without employees or customers knowing?
Complete secrecy cannot be promised, but exposure can be reduced through anonymized public marketing, buyer identification and screening, an NDA, staged disclosure, seller-approved tours and controlled contact with staff, customers, suppliers and the landlord.
What documents do I need before selling a business?
Common preparation includes recent financial statements and tax filings, sales or POS support, payroll information, the lease and amendments, equipment and inventory records, material contracts, licences, staffing details and support for any owner adjustments. Confirm the transaction-specific list with your accountant and lawyer.
How long does it take to sell a business in Surrey?
There is no reliable universal timeline. Preparation, pricing, buyer demand, financing, due diligence, lease assignment, landlord approval, licensing and the terms of an accepted offer can all affect timing. A seller can reduce avoidable delays by preparing records and advisers before launch.
Can Harry help with the commercial premises too?
Yes. Harry works in residential and commercial real estate through SRS Panorama Realty and can help coordinate business-sale and premises considerations where they form part of the transaction.
Can Harry provide a formal business valuation?
Harry can discuss market positioning and the transaction factors buyers typically assess, but specialized valuation, accounting, tax and legal opinions should come from appropriately qualified professionals. He can coordinate the sale process around that advice.
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