Listing Details
Business Type: Other Beauty and Personal Care Business
Year established: 2019
Employees: 3
Real estate: Leased
Financial Details
Inventory: $9,000
Gross revenue: $275,000
Furnitures, Fixtures, and Equipment: $38,000
About the Business
Competition:
No other salons in the area that offer similar services (headspa, hair extensions, specialty hair coloring, Pilates reformer machines)
Growth and expansion potential:
1. Hire 1-2 more full time stylists/barbers to go on commission 2. Promote the Pilates Reformers. There is huge potential there and high demand. You just need to approach Pilates coaches and specialists, and some of those even pay up to $120 (or more per hour rental) 3. Start an Ecommerce Website to promote high end hair care, accessories, tools and wellness products. The salon could be the point of pick up. 4. Promote the Head Spa Services that are currently offered in the salon. There is very high demand for those types of services. In case you don't know, a head spa is a luxurious, holistic treatment focused on scalp and hair health, combining deep relaxation with therapeutic scalp care through a process that often includes scalp analysis, deep cleansing, exfoliation, massage, and specialized treatments like steaming or masks. 5. Duplicate the business in other locations
Support and training for new ownership:
Full training provided on all business operation aspects for up to 2 weeks at no additional charge.
Reason for selling:
Owner is planning to retire however willing to remain for up to 2-5 years on a commission basis or chair rental basis.
Description
Discover an exceptional opportunity to own a well-established and thriving wellness centre in the heart of downtown Toronto. Located at the bustling intersection of Bay and Wellesley, this high-end hair salon and head spa has been a staple in the community for over six years, drawing in a loyal and upscale clientele. Situated on the ground floor of a high-density condominium building with consistent foot traffic, every inch of this thoughtfully designed space is optimized for revenue generation. The business offers a range of luxurious services, including premium hair colouring, styling, and hair extensions, alongside a dedicated head spa that specializes in rejuvenating scalp and hair treatments designed to promote relaxation and wellness. The centre also features 2 pilates reformer stations, rented by qualified specialists, adding an additional stream of passive income. These reformers offer clients benefits beyond fitness-supporting balance, core strength, flexibility, injury recovery, and overall well-being, making them a powerful complement to the salon and spa services. The sale includes all furniture, equipment, inventory, and a valuable client database, making this a turnkey operation ready for continued success. A solid long-term lease is in place at $4900/month (including all taxes and utilities), ensuring stability and predictability for the next owner. Whether you're an investor or a beauty and wellness professional looking to take over a renowned brand, this opportunity is not to be missed. CONTACT TO RECEIVE THE FULL INFO AND FINANCIAL PACKAGE
Location & nearby
This listing is located in Toronto, ON M5S 3L6
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