Should I buy a countertop business or start one?
Weigh what you would have on day one. An existing fabricator comes with machines, trained crew, slab supplier accounts and dealer and builder customers. A start-up gives you control over equipment and culture but means building each of those yourself. Your skills and your lender’s view often decide it.
Both routes can work in countertop fabrication. The question is which parts of the business you would rather inherit and which you would rather build. Fabrication is equipment-heavy and crew-dependent, so the answer usually turns on what you already know how to do and how quickly you need to be producing and earning.
What you get on day one with a purchase
A running shop has saws, CNC machines and a crew that knows how to template, cut and install. It may have a supplier account for slab and a book of dealer and builder customers. You still need to confirm each of these. Ask what actually transfers, since accounts, licences and customer relationships do not always move with a sale.
What a start-up gives you
Starting new lets you choose the equipment, the space and the people, and you take on no one else’s habits or past problems. The cost is time. You must earn supplier terms, find fabricators and installers, and win the trust of dealers and builders who already work with someone. Lenders may also look at a new venture differently from an established one.
Questions to settle before you choose
- Can you run the fabrication floor, or will you rely on a lead hand you must keep?
- Do you already know dealers and builders who would send you work?
- How long can you carry yourself before the shop supports you?
- Would an owner help you through a transition period?
The same weighing applies in a neighbouring trade; see buying a cabinet-making business or starting one. Your accountant and lender can help you compare the two plans on paper.
Related reading
10 pages on the same subject, grouped by topic.
Buying
Selling
Legal
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 02Business Development Bank of CanadaGovernmentEquipment valuation: How to do it
- 03Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 04Business Development Bank of CanadaGovernmentHow to finance a business acquisition
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