Business For Sale · Specialty

Unknown

Unknown, ON

$65,000 total

1,125 SF

Asset Class

Specialty

Size

1,125 SF

Building class

B

Zoning

US — Urban Services

$ / SF

$58

Occupancy

99%

Year Built

1980

About this property

Well-established and fully operational tanning salon in a high-traffic North Calgary retail location. Operated by the current owners for the past 25 years, this turnkey business has built a strong community presence and a loyal customer base, with over 10,000 clients recorded in the customer system.The salon is equipped with 2 standard lay-down tanning beds, 2 high-powered lay-down tanning beds, 1 stand-up tanning booth, and 1 HD Mystic spray tan booth, along with a complete point-of-sale system and other equipment required for ongoing operations. The equipment is modern, well-maintained, and provides multiple tanning options to serve a broad customer base.The business has clean financial records, consistent revenue, and healthy margins, providing an established operating history for a new owner. The location offers excellent visibility and steady foot traffic within a busy retail environment. The opportunity offers potential for continued growth and expansion through additional services, marketing, and increased customer utilization.An excellent opportunity for an owner-operator or investor seeking an established and recognizable tanning business with a long operating history, loyal clientele, trained staff, equipment, systems, and a proven location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$65K
Down payment30% · $20K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$300

Projected NOI

$4K

Annual cash flow

$720

Cash-on-cash

3.69%

DSCR

1.20

Going-in cap

6.65%

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
Halcyon Wealth Partners403 SF2030-11
Halcyon Wealth Partners400 SF2030-11
Halcyon Wealth Partners451 SF2031-11

Area demographics

Trade area within 3 miles of the property.

Population

49,050

Households

22,573

Median income

$88,500

Median age

44.6

Daytime population

78,119

5-yr growth

6.9%

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.