With a population of 2.6 million people and home to 216,820 businesses that generate more than $304 billion annually, Toronto is Canada’s financial, economic, and business capital.
From the towering skyscrapers in the Financial District that are home to some of the biggest names in Canada’s banking, investment, accounting, and insurance sectors, to industrial parks home to global leaders in automotive, aerospace, and tech, to mom and pop restaurants, stores, salons, contractors, and services that dot the map and make the city run, Toronto is the economic engine of the Great White North.
Toronto Economic Landscape
Toronto’s economy is driven by three key sectors, including financial services, real estate, and wholesale/retail trade. Unlike other cities, Toronto is not depending on one sector but instead thrives on a combination of services in both the public and private sector, including professional services, technology, manufacturing, transportation, food & beverage, retail, and tourism. In Toronto proper and the surrounding cities of Oakville, Mississauga, Brampton, Vaughan, Markham, Oshawa, and the other communities that make up the Greater Toronto Area (GTA), this metropolis means business.
Browse the names of companies headquartered in Toronto, and it’s a who’s who of economic drivers, from Rogers Communications to Scotiabank to Coca-Cola Canada. Beyond the big names, the GTA is home to more than 100,000 small businesses, everything from a sports bar in North York to a Scarborough landscaping company to a hair salon in Milton.
#1 Employee Base
#1 Growth Prospects
Buying a Business in Toronto
With a growing population, a booming economy, and endless demand for goods and services, Toronto is a great place to own a business. There is no better location, no better employee base, and no better growth prospects than in Toronto. Work for yourself, earn the pride of ownership, set a plan for growth, and secure your legacy. Biz Zen can help you find the right opportunity to purchase an existing business and give you all the information you need to make an informed decision.
Selling a Business in Toronto
Ready to move on to the next stage? There are more retirees, investors, new Canadians, expanding businesses, and career changers in Toronto than anywhere else in Canada, looking to buy a business. Biz Zen can help get your business in front of these interested buyers and offer professional advice to maximize the value and saleability of your business.
Why Choose Biz Zen to Help Sell Your Business in Toronto?
Biz Zen connects interested buyers with motivated sellers in Toronto through our easy-to-use online marketplace. We provide buyers and sellers alike with access to our digital library of user-friendly resources, tools, and professional advice to prepare you to buy or sell a business and start the next stage in your journey.