Alex Rascanu

How can a construction services business maximize its sale price?

Posted on Sep 29, 2024

Construction work photo by John Salvino, via Unsplash

Maximizing the sale price of a construction services business involves strategic preparation and working closely with a business broker to position the business as attractive to potential buyers.

Here’s how a construction services business owner can maximize the sale price when using a business broker:

1. Financial Optimization
- Clean and Detailed Fi...

How to maximize the sale price of your mixed use property

Posted on Sep 28, 2024

Chatting in a coffee shop photo by Nick Hillier, via Unsplash

To break down the steps you can take to boost the value of your mixed use property, let's assume that it's located on popular main street in Toronto such as Roncesvalles Avenue and that you're aiming to sell within a 3 to 12 months time frame. Maximizing the sale price requires strategic enhancements and market positioning to appeal to investors an...

What you should find out before buying a business

Posted on Sep 27, 2024

Retail store phoot by Panos Katsigiannis, via Unsplash

As a commercial real estate and business broker, I regularly get questions from individuals looking to buy existing businesses in Toronto and other parts of Ontario.

While I primarily specialize in selling construction services businesses with a minimum $1 million/year EBITDA, I aim to help those who are looking to sell or buy other kinds of busines...

How to prepare for buying a mixed use property in Toronto

Posted on Sep 25, 2024

Boxcar Social, Toronto, Canada by Patrick Tomasso, via Unsplash

Buying a mixed-use property on a main street such as Bloor Street West in Toronto can be a highly competitive and lucrative investment. Mixed-use properties are appealing because they offer both commercial and residential income streams, but the process requires careful preparation to submit a strong offer and successfully close the purchase.

Here’s...

Where are Toronto's public libraries located?

Posted on Sep 24, 2024

Toronto Public Library photo by Bilal Karim, via Unsplash

The Toronto Public Library operates the library system in Toronto, which is the largest public library system in Canada. City-wide library services are provided through a network of 100 branches including 81 neighbourhood libraries, 17 district libraries and two research and reference libraries. Online resources, bookmobile and home services furthe...

How to buy a property in Toronto

Posted on Sep 20, 2024

Finding the right property is exciting! The process involves several steps, and it can be quite competitive given Toronto's real estate market. Here’s a quick guide to help you through the process:

1. Determine Your Budget:

- Calculate Your Affordability: Use a mortgage affordability calculator to determine how much you can afford. This will depend o...