This listing has been marked as Sold

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Hair Salon Business For Sale - North York, On

Sale of Business in Toronto, ON

David Buriev

ProRealtor

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Listing Details

Financial Details

About the Business

Competition:

Great reputation in the area. Clients know the salon for decades.

Growth and expansion potential:

Condo buildings are coming soon across the street which will bring more clients in.

Support and training for new ownership:

Full training provided on all operational aspects. Owner willing to remain on board part time.

Reason for selling:

Owner will retire soon but willing to remain as a chair renter.

Description

A fantastic opportunity to take over an existing Hair Salon with over 20 years in business, a large loyal client base, and a fully furnished and equipped facility including a fully renovated basement with additional rooms that generate monthly cashflow. The main floor of the salon includes: 8 Hairdressing stations, 3 hair washing sinks, 1 bathroom, 1 private room with a sink, ample storage space and cabinetry as well as a large reception and waiting area. The basement level includes: 2 Hairdressing stations, 1 Hair washing sink, 1 private room, 1 bathroom, laundry room and a kitchen. The salon generates cashflow by renting out all the rooms , and some chairs, and the owner is willing to remain after the sale on a chair rental basis. All inventory, products, furniture and supplies are included in the sale. The rent is only $3,000 + HST and hydro. Floor plan is attached in the listing. Do not visit without an appointment. Go direct. No lockbox. The seller is ideally looking for an experienced hairdresser to take over and continue the same business. Salon name can be changed. Renovate as needed. No business financials (business is not incorporated), but a full list of income and expenses is available. Contact the Listing Agent to receive the full marketing package. We can also help with a business loan if your client needs it.

Location & nearby

This listing is located in Toronto, ON M6B 3J5