Fantastic Opportunity to Acquire a Thriving Hair Salon Business in the Bustling Yonge and Sheppard Area! Located with excellent frontage on Yonge St., this turnkey salon benefits from high pedestrian and vehicle traffic in a densely populated area, surrounded by residential high-rise buildings, homes, and offices.Under the same owner for over 15 years, the salon boasts a loyal clientele and ample room for expansion. Don't worry if you're not a hairdresser the current owner is willing to provide training.The current lease extends until December 31, 2029, with an option to renew for 5 + 5 years, transferable to the new owner, at a monthly rent of $8,507, inclusive of TMI costs.
Extras
8 Styling Chairs, 3 Wash Stations, 2 Pedicure/Nail Station, 2 Aesthetics Rooms. 4 Full Time Employees, 2 Independent Contractor Employees.
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
Freestanding
N
Bathrooms
1
Retail Area
1,200 ft2
Total Area
1,411 ft2
Approximate Age
16-30
Elevator
None
Air Conditioning
Y
Basement
N
Chattels
Y
Garage Type
Plaza
Days Open
6
Hours Open
10Am-6M
LLBO
Y
Employees
4
Heat Type
Elec Forced Air
Financial Statement
Y
Outside Storage
N
Area Influences
Major Highway, Public Transit
Seats
8
Utilities
Y
Water
Municipal
Crane
N
Lot/Bldg/Unit Code
Lot
Zoning
Commerical
Seller Property Info Statement
N
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