How do I find a call centre or answering service for sale in Canada?
Search listing sites under call centre, answering service and outsourcing headings, ask brokers who handle service businesses, and approach owners and contacts in the telecom and outsourcing trade. Many sell quietly, so expect to sign a confidentiality agreement before you see detail, and ask any broker whom they act for.
Owners of call centres and answering services often prefer a quiet sale. Clients and staff may worry if they hear the business is on the market, so many sales run through private contacts. That makes the search a mix of public listings and personal outreach. Set your criteria first, such as size, the kind of calls handled and whether you want a business that runs on contracts or on small accounts.
Where these businesses are sold
Check business-for-sale listing sites under call centre, answering service, outsourcing and service headings. Brokers who handle service businesses may hold listings they do not advertise. Contacts in the telecom and outsourcing trade sometimes know an owner who is thinking about leaving. Keep a log of every conversation so you can follow up.
Reading a listing
Listings tend to describe contracts, seats and systems in a few lines. Read for how the work is won, how much depends on a few clients and which software and phone systems the business uses. Ask whether the systems are owned or licensed, and in whose name. A short description is a prompt for questions, not an answer.
First questions before an NDA
Before you sign, ask what you will receive afterwards, such as client contracts, staff details, system records and financial statements. After you sign, treat everything as confidential and use it only to assess the business. The checks that follow are in what to check before buying a call centre.
Brokers and direct approaches
If a broker is involved, ask whom the broker acts for and verify the summary yourself. If you approach an owner directly, a short, polite note offering a confidential conversation is usually enough. For a smaller cousin of this business, see what to check before buying a telephone answering service.
Related reading
15 pages on the same subject, grouped by topic.
Buying
- Expert answerWhat should I check before buying a call centre business?
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Selling
Due diligence
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWorking with a broker to find a business to buy
- 02Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 03Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
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