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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$280,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
High-End Turnkey Beauty Clinic, Fully Upgraded & Equipped for Success! A rare opportunity town this GEM, a luxury beauty and wellness salon with over $150,000 in upscale renovations and more than $80,000 in professional nail equipment. This immaculate, fully operational businessi ncludes a brand new $170,000 laser machine featuring two handpieces (Forma & Hair Removal)making it ideal for Med Spa / Clinical services. The studio features:5 quartz-top manicure stations & 4 custom-designed, high-end pedicure chairs Fully equipped laser treatment room, Spacious room with 2 beds for permanent makeup, facials, or injections & a separate room for waxing or skincare treatments Located in a high-traffic, sought-after area, FH Beauty has a loyal clientele, elegant interior design, and a strong reputation. Perfect for experienced professionals or investors seeking a ready-to-go, scalable business in the booming beauty and aesthetics industry. Business-only sale (Property is not included). Training and transition support included. Lease ends on 30th April/2028 with a 5 years lease renewal option. (id:39198)
Location
Province
Ontario
City
Richmond Hill
Address
Yonge
Postal Code
L4E3L6
Location Highlights
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Listed by
RE/MAX REALTRON BEN AZIZI REALTY GROUP Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
1,000
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$280,000
Asking Price
$280,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
1,000
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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