All photos · 31

Beverley Glen

1102 Centre st Street 1B, Vaughan, ON L4J 3M8

$50,000

Beds

n/a

Baths

1

Type

Commercial

About this home

An incredible opportunity to own a turnkey hair salon business in a prime location, within a high traffic plaza in Thornhill, near Dufferin and Centre. The salon is fully renovated with a unique modern touch and high quality furniture and equipment. The main level features 7 hairstyling chairs, 2 custom made massage hair washing sinks, a large color bar with granite counters, a sink, and two mini fridges, a stackable washer and dryer, a wheelchair accessible bathroom, and a welcoming reception area. The lower-level features 3 private rooms where other beauty and aesthetic services can be offered, ample storage, an additional bathroom, and 2 owned hot water tanks. Over $100K Spent in improvements and upgrades. Currently the salon generates rental income from chair and room rentals. This is an asset sale including all furniture, equipment, inventory, and a Lease takeover. All staff is willing to remain on board on a chair/room rental basis. Long term lease in place, only $5,500/m taxes in. The unit is surrounded by anchor businesses, and the plaza offers ample parking. Separate entrance to the lower level is available from rear of unit.

Heating

  • · Gas Forced Air Closed

Cooling

  • · Yes

What it could cost monthly

Estimated monthly

$229

Principal & interest, per month


Mortgage amount
$40,000
Down payment
$10,000
Total interest paid
$28,690

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing brokerage

RE/MAX WEST REALTY INC.

Each office independently owned and operated.