Added 5 months ago
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Type: Sale Of Business
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Property Type: Commercial
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Business Type: Hair Salon
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Zoning: Commerical
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Age: 16-30 years
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Taxes: 254
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MLS®#: C8400476
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Days on Site: 80 Days
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Added: Jun 03, 2024 (5 months ago)
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Updated:
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Last Checked: 5 hours ago
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Listed By: BOSLEY REAL ESTATE LTD.
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.
Property
Status: Sale
Type: Hair Salon
Property Type: Sale Of Business
Property Type: Without Property
Age: 16-30
Area: Toronto
Community: Willowdale East
Availability Date: Flexible
Inside
Bathrooms: 1
Air Conditioning: Y
Washrooms: 1
Utilities
Utilities: Yes
Building
Basement: N
Heat Type: Elec Forced Air
Elevator: None
Energy Certificate: N
Green Verification Status: N
Freestanding: N
Outside Storage: N
Water Supply: Municipal
Parking
Garage Type: Plaza
Fees
Tax Year: 2024
Taxes: $254
Taxes Type: T.M.I.
Land
Cross Street: Yonge & Sheppard
Municipality District: Toronto C14
Zoning: Commerical
Commercial Specific
Number of Employees: 4
Retail Area: 1200
Retail Area Metric: Sq Ft
Total Area: 1411
Total Area Metric: Sq Ft
Hours Open: 10Am-6M
Area Influence: Major Highway
Area Influence: Public Transit
Days Open: 6
Franchise: N
Tangible Property Included: Y
Crane: N
Lot Code: Lot
Seats: 8
Financial Statement: Y
LLBO: Y
Cardinal Carter Academy for the Arts
Elementary: CatholicAvondale Alternative Elementary School
Elementary: PublicAvondale Public School
Elementary: PublicClaude Watson School for the Arts
Elementary: PublicCameron Public School
Elementary: PublicSt Edward Catholic School
Elementary: CatholicAvondale Secondary Alternative School
Secondary: PublicSt Andrew's Junior High School
Secondary: PublicDrewry Secondary School
Secondary: PublicCardinal Carter Academy for the Arts
Secondary: CatholicLoretto Abbey Catholic Secondary School
Secondary: CatholicEarl Haig Secondary School
Secondary: Public
