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№ 01Business Purchase & Sale · Burlington

Buying or selling a business in Burlington

Burlington's deal flow splits two ways: advanced-manufacturing and logistics operators tucked into the industrial parks off the QEW along Harvester Road and Appleby Line, and a dense independent retail, restaurant and salon scene running Brant Street, Fairview Street and New Street. We see both sides regularly — a tool-and-die shop changing hands the same month as a downtown café or an aesthetics studio — and we structure each deal around what's actually being sold, not a template.

Part of Halton Region — one regional deal market, page by page.

№ 01.1Regional Data

Burlington, by the numbers

Every figure below traces to a named public source — no estimates, no filler.

7,721
Employer businesses in Burlington
Statistics Canada, Canadian Business Counts, Table 33-10-1097 · December 2025
97.7%
are small businesses (1–99 employees)
Statistics Canada, Canadian Business Counts, Table 33-10-1097 · December 2025
7,544
small businesses trading here
Statistics Canada, Canadian Business Counts, Table 33-10-1097 · December 2025
186,948
population
StatCan 2021 via municipalities-master

Private-sector employment, by employer size — Canada-wide

Small (1–99): 46.6%Medium (100–499): 17.0%Large (500+): 36.4%

ISED, Key Small Business Statistics 2025 (2024 data). A Burlington-specific breakdown isn't published — with 97.7% of local employer businesses being small, the local picture likely tilts further toward small business.

Typical patterns across Ontario deals — not a quote or advice; every deal is confirmed on its own facts.

№ 01.2The Deal, End to End

Six steps, from offer to ownership

The same sequence underlies almost every owner-run Burlington deal — what changes from deal to deal is how long each step takes.

Reaching an agreement

01

Offer or letter of intent

Buyer and seller agree on price and key terms, usually informally, before lawyers draft anything binding. We review before you sign — even a "non-binding" LOI can lock in terms you didn't mean to fix.

usually 1–2 weeks
02

Agreement of purchase & sale

The APS sets out price, structure (asset or share), conditions, and closing date. We draft or review it and negotiate the protections — reps, warranties, holdbacks — that actually matter for your deal.

1–3 weeks to negotiate
03

Due diligence & searches

Corporate, PPSA lien, litigation, and licence searches confirm what you're actually buying. We chase the seller's lawyer, the registries, and any regulator whose sign-off your deal needs.

2–4 weeks, in parallel

Getting to closing

04

Financing & third-party consents

Landlord, franchisor, lender, and licensing-body sign-offs are chased in parallel with the paperwork. Burlington deals split at this step too — a Brant Street retail or salon sale is usually just landlord consent, while a QEW-corridor manufacturing sale more often adds a lender payout or PPSA lien discharge before financing closes.

often the critical path
05

Closing day

Funds, keys, and signed documents change hands. We coordinate directly with both sides' lawyers and the lender so nothing is left to a last-minute phone call.

1 day, once conditions are met
06

After closing

Registrations, licence transfers still in progress, and any post-closing deliverables — like a holdback release — get tracked to completion, not left for you to chase.

1–2 week tail
Most owner-run Burlington deals close in 30–60 daysLarger or fleet/franchise deals typically run longer.
№ 01.3Deal Structure

Asset purchase or share purchase?

This is the first real decision in almost every deal — and it changes what you're buying, what you're taking on, and how it's taxed.

QuestionAsset purchaseShare purchase
What you buyThe business's assets — equipment, inventory, lease, goodwill, name.The shares of the company itself — everything it owns, and everything it owes.
Seller's liabilitiesGenerally stay behind with the seller's corporation.Generally come with the company, known and unknown.
Tax angle — sellerStraightforward proceeds treatment in most cases.May qualify for the lifetime capital-gains exemption on qualifying small business shares.
Tax angle — buyerA stepped-up cost base on assets bought; an HST s.167 election may apply.Cost base carries over from the seller — a different position for the buyer.
Licences & contractsMust generally be re-issued or assigned into the buyer's name.Usually stay in place, since the corporation itself doesn't change.
EmployeesEmployment Standards Act continuity rules typically apply.Employment generally continues uninterrupted — the employer doesn't change.
Typical use in BurlingtonMost owner-run Burlington deals — retail, restaurant, salon — are asset sales.Manufacturing sales in the Harvester/Appleby industrial parks more often go share, to keep OEM and supply contracts in place.
What you buy
Asset sale

The business's assets — equipment, inventory, lease, goodwill, name.

Seller's liabilities
Asset sale

Generally stay behind with the seller's corporation.

Tax angle — seller
Asset sale

Straightforward proceeds treatment in most cases.

Tax angle — buyer
Asset sale

A stepped-up cost base on assets bought; an HST s.167 election may apply.

Licences & contracts
Asset sale

Must generally be re-issued or assigned into the buyer's name.

Employees
Asset sale

Employment Standards Act continuity rules typically apply.

Typical use in Burlington
Asset sale

Most owner-run Burlington deals — retail, restaurant, salon — are asset sales.

We tell you which structure fits — before you sign anything.

№ 01.4Due Diligence, Both Sides

What gets checked before closing

Different lists depending on which side of the deal you're on — both matter for how smoothly closing goes.

If you're buying

  • Financial statements & normalized earnings
  • PPSA / lien searches
  • Litigation & execution searches
  • CRA / HST account status
  • WSIB clearance certificate
  • Licence & permit standing
  • The lease, assignment terms & landlord consent
  • Key contracts & change-of-control clauses
  • Employees & ESA obligations
  • Equipment financing payout letters, for a QEW-corridor industrial or manufacturing purchase
  • Supervising physician's standing confirmed, if the business offers medspa injectables or laser services
What we do: run the searches, chase the certificates, and flag anything that changes your price or your conditions.

If you're selling

  • Clean books & tax filings current
  • Contract assignability audit
  • Licence standing confirmations
  • Equipment lien payouts
  • Staff plan for closing day
  • Lease estoppel / landlord early contact
  • OEM or supply-contract change-of-control clauses reviewed before you list
  • Brant Street or Fairview Street lease term and landlord consent language confirmed early
What we do: tell you what a buyer's lawyer will ask for — before they ask for it.
№ 01.6Costs & Fees

You'll know the number before we start

No open-ended hourly surprises — the cost is confirmed in writing before any work begins.

Type of workFeeHow it's confirmed
Straightforward purchase or saleStarting from $3,388.87
Our charges · taxes included
Confirmed in writing once we see the agreement.
Larger or more complex dealQuoted to scopeShort call → fixed written quote before any work begins.
Searches, filings & third-party feesAt costItemized on your invoice, not marked up.
Most deals start here

An owner-run business

A café or restaurant, a salon, a franchise unit, or a trades business in Burlington — usually one buyer, one seller.

Start my file
A bit more involved

A larger or more complex deal

A company with several owners or employees, bank financing, real estate, or a deal that needs negotiated protections before you sign.

Book a consultation

Not sure which you are? That's our job to figure out, not yours. As a rough guide, most deals under a couple of million dollars are the first kind — above that, you're usually in Mergers & Acquisitions territory.

№ 01.7The Municipal Web

Part of Halton Region

Neighbouring pages in the same regional deal market.

Halton Region

The regional picture — consents, sectors and the full municipal web.

Employer businesses25,043
See the Halton Region overview →

Oakville

Oakville pairs a large corporate head-office and professional-services base with a high concentration of dental, medical and personal-care practice sales serving one of the GTA's most affluent communities.

Employer businesses10,543
Population213,759
Explore Oakville →

Milton

Milton's rapid growth has built one of the GTA's busiest distribution and warehousing corridors along Highway 401, with a fast-expanding base of trucking, construction and franchise businesses.

Employer businesses4,461
Population132,979
Explore Milton →
№ 01.8Before You Ask

Burlington closing questions

Should a Burlington manufacturer sell the business as assets or shares?

It generally depends on what the buyer needs to keep intact. If the plant has OEM or supply contracts that would be disrupted by a change of legal entity, a share sale is often preferred so those contracts and the corporation's history carry over. An asset sale is more common where the buyer only wants the equipment, lease and goodwill, not the company's past liabilities. We look at your specific contracts before recommending a structure.

I'm buying a salon or medspa on New Street — what happens to the medical director?

If the business offers injectables, laser or other services that require physician oversight, that oversight generally has to be re-confirmed or replaced when ownership changes — it doesn't automatically carry over with the lease or the client list. Esthetics services on their own are largely unregulated in Ontario, so this issue really only applies to the medical side of the business. We flag it early so it doesn't hold up your closing date.

How long does landlord consent take for a Brant Street storefront?

It varies by landlord, but plan for a few weeks rather than a few days — older downtown buildings and long-standing leases sometimes have their own quirks worth reading closely before you sign an agreement. We open that conversation with the landlord as early as your deal allows.

Does the equipment financing on my QEW-corridor shop follow the business when I sell?

Generally not automatically — financed equipment usually needs to be paid out, or the lender's lien discharged or assumed, as part of closing. This is a common step for manufacturing and industrial sellers in the Harvester Road and Appleby Line area, and we build the payout timing into your closing schedule rather than leaving it for the last week.

What happens to my staff if I sell the assets of my Burlington retail store?

Ontario's Employment Standards Act has continuity rules that can carry over length of service and other obligations on an asset sale, depending on how employment is handled at closing. We walk through what that means for your specific staff before you commit to a number with a buyer.

№ 01.9Resource Register

Official Burlington resources

ResourceOfficial link
City of Burlington business licensing
Municipal business licence applications
Visit www.burlington.ca
WSIB clearance certificatesVisit www.wsib.ca
CPSO — physician oversight (medspa/aesthetics)Visit www.cpso.on.ca
Ontario Business Registry
Business name & corporate registration
Visit www.ontario.ca

Industries we cover

Nearby

Serving Burlington.

Fixed quote before work begins.

Tell us about your Burlington deal — we'll point you the right way and confirm the cost in writing before any work begins.

Prefer to talk first? Call 1-844-900-1070 — it’s free.
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