
Unknown, ON
$319,993 total
1,636 SF
Asset Class
Specialty
Size
1,636 SF
Building class
C
Zoning
US — Urban Services
$ / SF
$196
Occupancy
94%
Year Built
2019
Exceptional opportunity to acquire a fully developed and operational massage therapy franchise in a busy, established commercial district in Northwest Calgary. This turnkey clinic occupies approximately 1,636 sq. ft. and features eight private treatment rooms, a welcoming reception and waiting area, two washrooms, a utility/storage room, and a spacious staff room with laundry facilities and a dedicated seating area for therapists.The clinic has been professionally designed for efficient day-to-day operations and includes the existing furniture, massage tables, equipment, fixtures and leasehold improvements, subject to the final purchase agreement. The business benefits from the systems, operational support and brand recognition of an established Canadian franchise.A long-term commercial lease is in place until March 31, 2030, with two additional five-year renewal options, subject to the lease terms. Excellent opportunity for an owner-operator, registered massage therapist, healthcare professional or investor seeking an established wellness business with a complete clinic setup and significant infrastructure already in place.The sale and transfer are subject to franchisor and landlord approval. A confidentiality agreement must be signed before the business name, exact location, financial statements, lease documents or other confidential information will be released. Please do not approach the premises, employees or management directly. All inquiries and showings must be arranged through the listing agent. BUSINESS AND ASSET SALE ONLY: The sale includes the established massage clinic franchise and its business assets; no real estate is included, as the premises are leased. (id:66811)
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Monthly debt service
$1K
Projected NOI
$23K
Annual cash flow
$6K
Cash-on-cash
5.77%
DSCR
1.31
Going-in cap
7.27%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
| Tenant | Area | Expiry |
|---|---|---|
| Halcyon Wealth Partners | 505 SF | 2030-11 |
| Halcyon Wealth Partners | 400 SF | 2030-11 |
| Halcyon Wealth Partners | 400 SF | 2030-11 |
| Halcyon Wealth Partners | 474 SF | 2030-11 |
Trade area within 3 miles of the property.
Population
99,874
Households
35,442
Median income
$96,000
Median age
45.7
Daytime population
154,364
5-yr growth
0.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for Unknown.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.