TREADSTONE LAW · ONTARIO · DIGITAL LEGAL SERVICES · EST. MMXXI ·TSL
Home/Learning Centres/The Business Purchase Centre/Tools/From letter of intent to closing: a working timeline
The Business Purchase CentreTool

From letter of intent to closing: a working timeline

Enter your target closing date to see when each stage typically needs to happen for a small business purchase. Consents and licences set the pace. Treat the dates as a guide, not a fixed schedule.

What you get. Enter one date and see a 9-step timeline of typical dates for this process, with the step you can act on highlighted. The stages: About 13 weeks before: Letter of intent signed · 12 weeks before: Document request sent and searches ordered · 10 weeks before: Financing application and landlord package submitted · 7 weeks before: Purchase agreement negotiated and signed · 5 weeks before: Licence and franchise applications in · 3 weeks before: Consents landing · 2 weeks before: Franchise disclosure period running (if a franchise) · 3 days before: Closing agenda final; funds in trust · Closing day: Documents released, funds paid, security registered.
Ready when you are.

Start a file online in about seven minutes, or ask a lawyer first. Flat, published fees.

Start a File Ask a Lawyer
ContactStart a File →