Looking for help structuring/financing an 800k deal in Canada

June 12, 2025
by a searcher in Toronto, ON, Canada
I have found a business that is in the same industry as I am from (Photography studio). I feel like I understand almost every aspect of what the owner does on the day to day. Very good fit. Stable revenue. 20 minutes from my house.
Purchase price is $###-###-#### - $###-###-#### EBITDA (3x).
I have 80k liquid. Net worth is probably double that.
I want to submit an LOI but I want to make sure that the seller note contributes to the downpayment OR I have a way of coming up with a higher down payment to make the bank happy, as I hear that 10% is generally not enough in Canada.
What are my options for financing this?
from University of British Columbia in North Vancouver, BC, Canada
from University of Cambridge in Vancouver, British Columbia, Canada