Alex Rascanu - Articles

Where are Toronto's fire stations located?

Posted on Oct 02, 2024

Toronto operates the largest and most complex fire service in Canada, serving the more than 3 million people of the city and its visitors.

Toronto Fire Services (TFS) is the City’s all-hazards emergency response organization. TFS provides City of Toronto residents, visitors, and businesses with protection against loss of life, property and the envir...

How to find the right office space for your startup within 30 days

Posted on Oct 01, 2024

You X Ventures Studio , Toronto, Canada photo by Jason Goodman, via Unsplash

If your startup needs to move into new office space within 30 days in a competitive market like Toronto (competitive for class A office spaces, that is), the approach needs to be accelerated and focused. Partnering with an experienced commercial real estate broker would be essential to make the process efficient and seamless. Here's a suggested app...

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...