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Toronto C03, ON M4R 1B2
Price
$179,990
Building Size
1,958 sq ft
MLS# C14155190 | Listed by SKYLAND REALTY INC.
Business Details
Business Type
Spa/Tanning
Property Use
Without Property
Hours / Days
Open 6 Days
Franchise
No
Commercial Space & Financials
Retail Area
1,958 sq ft
Industrial Specifications
Lot Size
17.78' × 114.27'
Property Description
Exceptional opportunity to own a well-established and profitable Nail & Spa business in a highly desirable Midtown location. Successfully operating since 2007, this business has built a strong reputation and loyal clientele over the years.Ideally situated with excellent street visibility and high pedestrian traffic, just a 1-minute walk from the Avenue LRT station, providing convenient access for both clients and staff.The spacious premises feature approximately 1,958 sq. ft. on the main floor, plus an additional 1,100 sq. ft. basement, offering ample space for daily operations and future business expansion. Over $70,000 was invested in renovations and upgrades in March 2024, including new flooring, plumbing, and equipment.All service providers operate as independent contractors on a commission-based arrangement, offering a streamlined business model without direct employee payroll expenses for the owner.Currently operating 6 days a week (Tuesday to Sunday, 10 AM-7 PM; Monday closed).Attractive Lease Terms: Approximately 3.5 years remaining on the current lease, plus a 5-year renewal option. Low base rent of approximately $4,731/month, with TMI included in the total monthly cost of approximately $7,000.An excellent opportunity for both experienced operators and first-time business owners looking to acquire an established business with a proven operating history, loyal customer base, and significant potential for future growth!
Price & Status History
Price history is locked
Location
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290 Eglinton Avenue W, Toronto C03 M4R 1B2
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Listing Courtesy of: SKYLAND REALTY INC.
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