Business For Sale · Specialty

Unknown

Unknown, ON

$130,000 total

1,080 SF

Asset Class

Specialty

Size

1,080 SF

Building class

C

Zoning

DC2 — Site Specific

$ / SF

$120

Occupancy

97%

About this property

An exceptional opportunity to acquire a profitable, well-established nail salon in a busy commercial plaza along Macleod Trail in SW Calgary. Operating successfully for 3 years, this beautifully maintained and fully equipped salon features 7 pedicure chairs, 6 manicure stations, and 3 private treatment rooms, offering ample space for a full range of nail and beauty services.One of the biggest highlights of this opportunity is the attractive below-market rental rate, providing a significant operating cost advantage and greater potential for profitability compared to similar commercial spaces. Even better, the lease offers 7 years remaining, plus an additional 10-year renewal option, giving the new owner long-term security and the benefit of maintaining this favourable rental arrangement.Enjoy excellent visibility in a busy commercial plaza with convenient access to a nearby CTrain station, attracting customers from surrounding residential and commercial communities. This profitable business is ideal for an owner-operator or investor looking to enter or expand in the beauty industry without the time and expense of building a salon from the ground up.A rare opportunity to take over a profitable, fully equipped salon with below-market rent, long-term lease security, and an excellent location! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$130K
Down payment30% · $39K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$600

Projected NOI

$10K

Annual cash flow

$3K

Cash-on-cash

6.99%

DSCR

1.38

Going-in cap

7.64%

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.

Rent roll (estimated)

TenantAreaExpiry
Cascade Foods Inc.695 SF2029-01
Cascade Foods Inc.400 SF2029-02

Area demographics

Trade area within 3 miles of the property.

Population

53,343

Households

20,206

Median income

$105,500

Median age

44

Daytime population

82,898

5-yr growth

4.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for Unknown.

NDA required
  • 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.