The Booming Business for Sale Market in The Greater Toronto

Just like the Real Estate market, the business for sale market seems to be booming these days in Toronto. As a business broker in Toronto I can feel that fewer business owners are currently selling their businesses while the number of business buyers has increased dramatically in the past few months and continues to increase.

New Businesses for Sale in Toronto

We have recently added some new businesses available for sale. Please browse the links bellow for more information about these companies:

WHY BUY A BUSINESS IN TODAY’S MARKET?

There is no doubt that the economic downturn has made many potential buyers reluctant to move forward to purchase a business. But in many ways, this is the best time. Because most people are nervous and unsure of what is happening, it is much less likely that new competition will open up until they are sure the recession is over. This means that someone buying an existing business, is unlikely to face competitive pressures for some time.

Selling a Business in Toronto

As a business broker in Toronto, I constantly receive phone calls and email form business owners looking into selling their businesses. Unfortunately, a large number of business owners have a misconception about the reasons why they should sell their Toronto businesses. There is a common belief that you only sell a business when you don't make money or when something is fundamentally wrong with the business. This can not be further from the truth.

Become a Business Broker in Ontario

In my recent post about business brokers regulations in Ontario, Canada, I outlined some regulations in the Real Estate and Business Brokers Act (REBBA 2002) requiring that business brokers (individuals or companies involved in the purchase and sale of businesses) be registered with RECO (Real Estate Council of Ontario).

New Companies for sale in GTA

We have added some very interesting businesses for sale to our website. We have noticed that business owners now understand that given the current economic conditions, they have to be realistic about their asking price if they are serious about selling their business.

Business for Sale in the Greater Toronto Area

We have created a new website for business for sale listings in the GTA. Business listings are ranked from the lower to the higher priced. A small summery describing the listings is on the right. The website also clarifies some myths about how to sell or buy a business in Toronto GTA.