Welcome to Salon City where Personal Care Business Ownership is being revolutionized! Own 38 one and two-person studios for rent to personal care entrepreneurs. Salon City offers personal care business owners a safe turnkey location in which they can begin or grow their own business. Studios are complete with European styling chairs, hair wash sinks for instant occupancy. Included with rental are a host of features to enhance the offering. Features such as: constant exhaust and air circulation systems, washing machines, lounge, classroom, podcast room, key fob building entry and private locked studios. Salon City has full-time, on-site management Tremendous 6,487 sq. ft. prime retail space with a current occupancy rate of approximately 50% (as of Jan 1/ 2025). There is tremendous upside and projected growth in rental income. Bonus income potential includes a huge basement with over 6,723 sq. ft ,which can be sub-leased for training sessions, seminars, beauty schools, or other ancillary uses to compliment your tenants' work. A great opportunity to help entrepreneurs start their new business at a fraction of the cost! Appeals to Hair Salons, Nail Salons, RMT Massage, Tattoo Parlors, Aesthetics Salon, Waxing, Laser, etc., etc. Terrific concept and business opportunity. (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Listing Contract Date
2025-02-17
Location Description
Yonge St & Murray Drive
Property Type
Business
Transaction Type
For sale
Zoning Description
Commercial
Business
Business Type
Personal Services
Business Subtype
Barber/beauty shop
Name
Salon City
Building
Appliances
Furniture
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Other
Utility Water
Municipal water
Land
Total Size
Unit=6487 Acre
Size of Irregular Land
Unit=6487 Acre
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