Business For Sale · Specialty

104 1779 CLEARBROOK ROAD, Abbotsford

104 1779 CLEARBROOK ROAD, Abbotsford, BC V2T0K6

$99,000 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

US — Urban Services

$ / SF

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Occupancy

94%

About this property

SPA BUSINESS FOR SALE IN WEST ABBOTSFORD. Excellent opportunity to own a well-established spa business in West Abbotsford. This stylish and modern spa offers a wide range of beauty and personal care services, with newer equipment and a welcoming setup. The extensive service menu includes: Facials, Massages, Body, treatments, Makeup application, Nail services, Brow & eyelash services, and waxing. This is an excellent opportunity for an owner-operator or an existing business owner looking to expand their portfolio. There is also plenty of room to grow, with opportunities to add services and increase revenue. Favourable Lease Terms: $2,800/month + GST, with the current lease secured until July 31, 2028, plus two additional 5-year renewal options. A great opportunity to step into an established spa business with a modern setup, reasonable rent, and significant potential for future growth. Don' t miss this opportunity! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$99K
Down payment30% · $30K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$457

Projected NOI

$7K

Annual cash flow

$2K

Cash-on-cash

5.20%

DSCR

1.28

Going-in cap

7.10%

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.

Area demographics

Trade area within 3 miles of the property.

Population

106,213

Households

44,363

Median income

$77,000

Median age

39.4

Daytime population

131,829

5-yr growth

2.2%

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

Secure deal room

Confidential diligence documents for 104 1779 CLEARBROOK ROAD, Abbotsford.

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.