TREADSTONE LAW · ONTARIO · DIGITAL LEGAL SERVICES · EST. MMXXI ·TSL
The Business Sale CentreTool

From listing to closing: a seller's working timeline

Enter your target closing date to see when each stage typically needs to happen when you are the one selling. Consents and buyer financing 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 17 weeks before: Records and advisors in order · 13 weeks before: Marketing begins, or a direct buyer approached · 10 weeks before: Letter of intent signed · 8 weeks before: Data room opened and diligence under way · 5 weeks before: Landlord and other consent applications sent · 3 weeks before: Purchase agreement negotiated and signed · 1 week before: Consents confirmed and closing agenda finalized · 1 day before: Final adjustments and inventory count · Closing day: Documents released and funds paid.

Where this is used

In this centreHow do I decide whether, and when, to sell my business?In this centreWhat should I look for in a letter of intent as the seller?In this centreHow do I handle a buyer's due diligence requests as the seller?In this centreShould I sell the assets of my business or the shares?

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Ninety days of short, standalone emails on selling an Ontario business, from deciding and valuing through closing, wherever you are in the process.

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