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How to Find Businesses for Sale in Canada

By Arthur Dubois | Published on 18 May 2023

business for sale

    It can be easier to buy an established business rather than struggle through the operational and financial difficulties of launching a start-up. Below, we’ve reviewed the top 15 websites listing businesses for sale in Canada.

    Whether you’re a buyer or seller, it’s important to understand the fundamentals of due diligence. So, we’ve also provided basic business evaluation checklists for buyers and sellers. 

    15 best business-for-sale marketplaces in Canada

    Brick-and-mortar businesses for sale are still popular with three solid website directories in Canada. E-commerce and software-as-a-service (SaaS) businesses for sale are popular in Canada due to comparably lower purchase price points and cost-efficient operations. Software developers, start-up founders, serial entrepreneurs, and private equity investors may find advantage in centralized dashboard and seller-buyer introduction services.  

    However, one thing to keep in mind is that these sites charge fees. You can pay with a credit card. Once you buy a business, you’ll need to keep it running smoothly. Hardbacon can help with its business articles and business credit card recommendations.

    MicroAcquire

    MicroAcquire seeks to consolidate a fragmented SaaS marketplace for serial software developers, entrepreneurs, and private equity investors. Start-up founders looking for exit strategy opportunities gain access to competitive bids from a pool of 120,000 vetted buyers of SaaS businesses for sale.

    Seller pricing options

    MicroAcquire offers serial entrepreneurs and private equity investors free do-it-yourself listings for SaaS businesses for sale in Canada. They also offer a founder/developer Platinum package that provides discount business broker and buyer introduction services to guide sellers through the legal and financial complexities of selling a business in Canada. Successful closures are subject to a 5% commission otherwise there is no cost to the seller. 

    Buyer pricing options

    SaaS entrepreneurs and private equity investors may find value in the buyer Premium package at $390 annually. They advertise this option as “for serious buyers only” on their website. The MicroAcquire platform claims to host 150,000 company founders and pre-qualified business buyers.

    Buyers can manage potential SaaS business investments from a centralized dashboard with targeted search and advisory services. Commercial buyers are vetted and pre-qualified. The dashboard also shows company data, performance metrics, and financial analysis, and cumulative start-up data on 1,000s of start-up companies for sale. It also has email notifications for new listings.

    MicroAquire is suitable for founders and buyers of SaaS businesses for sale in Canada, serious buyers looking for investment growth opportunities in the start-up technology space, start-up founders, and SaaS developers. Serial entrepreneurs and private equity investors may find the centralized dashboard offers a steady stream of SaaS start-up companies into their investment opportunity pipeline. To make life easy, business financing options are available through a partnership with eCommerce Lending.

    BusinessesForSale.com 

    BusinessesForSale.com is a digital directory that lists more than 60,000 business investment opportunities internationally with 2,325 businesses for sale in Canada. Most listings are for brick-and-mortar assets in retail, construction, skilled trades, franchises, commercial real estate, and professional services.

    A start-up survivor from the dot.com era, BusinessesForSale.com evolved since it’s establishment in 1996. Starting as an online bulletin board, it has grown into a comprehensive digital platform listing businesses for sale in Canada and 145 countries internationally. 

    Sellers can purchase a 6-month package for $549, a 3-month package for $449, or a 1-month package for $349. Buyers can buy a membership for $24.95 per month or $144.95 per year.

    It also has a services directory to find brokers, business advisors, lawyers, and accountants who can help you buy or a sell a business. Business investors in Canada gain access to a large searchable database of 61,805 international companies for sale with 2,300+ located in Canada. It may be a solid option for buyers looking for brick-and-mortar operations and purchasing client/customer lists. Business sellers in Canada gain access to 1 million+ international business investors with 118,606 buyers registered in Canada.

    Website traffic is stated as 1 million visitors per month. Pricing is skewed toward the higher priced 6-month option. However, it does offer the most value because business deals often take several months or more to negotiate. Owners and founders executing business exit strategies in the short term may find value in the international exposure and large buyer database.

    Acquizition.biz

    It’s free. Acquizition.biz offers a business-for-sale listing service with 95,000 potential buyers. There are searchable business listings for online and digital services companies although most listings are for brick-and-mortar assets in manufacturing assembly, construction, professional services, skilled trades, franchises, and commercial real estate.

    They have a business financing partnership section for those looking for down payment and working capital funds. Membership is free because they use a digital advertising model to finance the site, so referrals are likely monetized affiliate links.  They also have a free professional advisors listing including commercial lawyers, accountants, and business advisors.

    Their free company-for-sale listing services provide a no-cost opportunity to gain exposure to 95,000 potential business investors. 

    BizBuySell.com

    BizBuySell advertises 65,000 annual business-for-sale listings and 900,000 registered buyers primarily in North America. They currently list more than 400 businesses for sale in Canada and 20 franchise opportunities. 

    Business investors and buyers

    Business opportunity shoppers can search for free. A paid membership is available for serious buyers for $19.95 monthly or $179.95 annually. This includes new business listing alerts, business buyer video training, industry and location valuation report, demographics and market analysis report, business listing activity report, and custom business opportunity recommendations.

    Business sellers and founders

    There are three primary business-for-sale listing options designed with features and benefits to drive more buyer interest. They have 6-month pricing with Basic for $59.95 per month, Showcase for $79.95 per month, and Diamond at $129.95/month. 3-month terms are also available at comparably higher monthly rates.

    Brick-and-mortar business buyers will find more than 400 businesses for sale throughout Canada. Their automated business opportunity search engine can be sorted by city, province, and industry type. Business sellers and founders gain access to 3 million potential business buyers per month. 

    Flippa

    Flippa is match-making platform for serious business sellers and buyers in the e-commerce industry. They advertise as a peer-to-peer platform founded in 2009. Their website claims to have processed more than 300,000 digital asset sales globally and have registered 3 million buyers and sellers. Business buyers can purchase a business operation for as low as $10,000.

    Flippa has 290 listings of digital businesses for sale in Canada in the e-commerce industry. Digital retail stores, Shopify, and Amazon FBA stores have large listings along with SaaS and Apps businesses for sale. High-traffic blogs and affiliate sites are available but less common.

    Buyers can have confidence that they’re getting qualified business investment opportunities. Sellers are pre-qualified through a comprehensive vetting process including financial analysis, website analytics verification, sales and marketing channel analysis, operations & legal analysis, and industry & competition analysis.

    Free first-time buyer registration includes a concierge service offering professional guidance on navigating the Flippa platform and analyzing potential business deals. It further includes a 30-minute consultation to understand your business investment goals, creating an opportunities list based on the interview, and how to analyze and close a deal. 

    [Offer productType=”CreditCard” api_id=”637559a7985fbd4494bfcb32″ id=”146139″]

    Other advantages of Flippa

    Seller listing packages are Ultimate for $499, Premium for $399, Enhanced for $299 and a 3-month Standard trial offering for $29. Successful business sales are assessed a 5% commission.

    The free buyer registration and concierge service is ideal for serious business opportunity shoppers. Business buyers can purchase a business operation for as low as $10,000. The comprehensive seller vetting process is another bonus for serious buyers eliminating wasted negotiations with unserious business owners and speculators.

    Serial entrepreneurs and private equity investors may find the buyer-seller match-making services offer the opportunity to gain valuable contacts among the serial company founder and software developer community.

    There’s a large database of 3 million buyers and sellers which is a lot of potential exposure for business owners selling a business. They have processed 300,000+ digital asset sales which suggests sellers are achieving results on the platform. The lifetime listing packages are affordable whether a one-time sale or for executing multiple exit strategies for serial software developers and entrepreneurs. Flippa provides financially-secure transactions via Escrow.com.

    Sunbelt Business Brokers Canada

    Sunbelt Business Brokers Canada has listings for businesses for sale in Canada but are primarily an international business brokerage firm. They have 30 offices across Canada staffed with certified business brokers. Sunbelt claims to have the largest list of privately-owned businesses for sale in the world. 

    First-time buyers may want the guidance of an experienced broker to understand the complexities of business acquisition. They begin by determining the type of business you’re looking to purchase, assess your skillset, recommend potential opportunities, negotiate the sale price, and work out contract terms. Sunbelt can also help arrange financing for buyers through partnership arrangements.

    Exchange Marketplace

    Exchange Marketplace specializes in listing Shopify business for sale in Canada. They also list Shopify e-commerce stores in eight countries internationally. Industry selection includes electronics and gadgets, fashion and apparel, health and beauty, pets and animals, sports and recreation, starter stores and several others. 

    Business types include drop shipping companies, established businesses, and e-commerce retail businesses. Exchange Marketplace lists businesses for sale in Canada, Australia, India, Ireland, New Zealand, South Africa, United Kingdom, and the United States. They also list Staff Picks that handpick potential lucrative business opportunities. Businesses for sale are further categorized into large, medium, and small size companies for sale.  

    IBBA Canada – International Business Brokers Association

    IBBA Canada is part of the International Business Brokerage Association responsible for training business brokers since 1984. Their stated goal is to “help sustain and grow healthy economies by facilitating the successful transference of small businesses’ ownership under the expert guidance of professional Businesses Brokers.” Their mission is to “equip Business Brokers with the training and expertise required to facilitate successful transferences of small businesses’ ownership professionally and indispensably.”

    IBBA Canada lists businesses for sale in Canada spanning every industry and business type. Search capabilities include a price range, by Canadian city and region, by province, and business for sale listing date. Furthermore, search can be based on financial parameters such as sell price, cashflow, and down payment amount.

    Deal Stream 

    Deal Stream was founded in 1995 as a business merger network. The site lists 20,000 items for sale including established businesses for sale in Canada, franchises, real estate, and mining properties, among others. They also list investment opportunities, the sale of public shell companies, and potential business financing options.

    Deal Stream currently has listings for 690 Canadian businesses for sale. Internationally, they have 16,506 listings worldwide primarily the United States, Canada, Australia, and throughout Europe. Search options include franchise resales, non-broker listings, business with real estate assets, companies with transitioning managers, and businesses with seller financing options.

    Deal Stream notes on their website that they have “no connection to Deal Stream Securities, the South African company accused of defrauding investors.”

    Business2sell.com

    Established in 2006, Business2Sell is a business for sale listing website serving Australia, Canada, South Africa, United Kingdom, United States, and New Zealand. They also list franchises, professional commercial agents, business brokers, and private businesses for sale in Canada. 

    Business2Sell positions itself as an introductory service for franchisors, franchisees, private sellers, and business brokers to the “thousands of people looking for the right opportunity” and “by connecting them to the right business for them.”

    Business Sell Canada

    Business Sell Canada is primarily a classified ad site for businesses for sale in Canada. There are few bells and whistles but the site lists businesses from a 5-figure sale price to larger 7-figure companies for sale. 

    Buyertise.com

    Buyertise advertises as a “‘business for sale’ marketing platform for business sellers, business buyers, and business brokers.” They list businesses for sale in Canada providing a separate listing page by province rather than having to use search features. They cater to buyers, sellers, and business brokers involved in selling businesses in Canada and have a Featured Listings section showcasing potentially lucrative deals. The site is operating in Beta mode but seems to function well.

    Thebizex.com – The Business Exchange

    The Business Exchange is a full-purpose business for sale website providing a Business Services directory, Advertising, and educational training programs for buyers and sellers of businesses for sale in Canada. They have listing classifications for franchises, commercial real estate, and preconstruction properties. 

    The Business Exchange hosts free webinars like “How to Buy a Business in Canada,” provide connections to commercial financing possibilities, accounting services, business valuation services, legal firms, and commercial insurance providers  

    Buy and Sell a Business

    Buy and Sell a Business was established on February 14, 2014 as a platform to list businesses for sale in the “micro market” or valued less than $5 million. They’re positioned as a buyer-seller network service for all business types “ whether it be a main street, SaaS, or e-commerce business.” 

    They delve a little deeper than most business for sale platforms dealing with “business exit, stake sale, M&A, joint ventures, franchise expansion, franchise resale and investor/partner attraction.” The site has a resource library, tools, and consulting services from commercial professionals. 

    Buy and Sell a Business has two package offers for businesses for sale in Canada listings. The Full Serve Package offers free listings along with professional guidance from document disclosure to closing and payment facilitation and “all securely and seamlessly at a fraction of the cost of a broker.” The Subscription Package includes unlimited business for sale listings and recommended buyer leads for $80 monthly with no commitment required.

    Exit Adviser

    Exit Adviser is a for-sale-by-owner’ (FSBO) platform is primarily focused on small business for sale in Canada. It’s a full-service business selling platform offering sales strategies, documentation, market advice, how-to guides, and advisory services. They advertise as an “All-Inclusive Selling Platform” with an All-Inclusive Starter Package of $59 for 4 months of access and zero commissions upon sale. 

    Arthur Dubois is a personal finance writer at Hardbacon. Since relocating to Canada, he has successfully built his credit score from scratch and begun investing in the stock market. In addition to his work at Hardbacon, Arthur has contributed to Metro newspaper and several other publications