Business For Sale · Specialty

1781 CONFIDENTIAL, Surrey

1781 CONFIDENTIAL, Surrey, BC V0V0V0

$249,000 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

99%

About this property

CONFIDENTIAL BUSINESS SALE ESTABLISHED SALON & SPA Excellent opportunity to acquire an established, full-service salon and spa in a busy Surrey location. This turnkey business has developed an established clientele and offers a broad range of beauty and personal-care services, providing multiple potential revenue streams under one roof. Services include hair care and styling, facials and skincare treatments, threading and hair removal, makeup services, manicures/pedicures and additional beauty and aesthetic treatments. The business benefits from a well-established operating history, strong online presence and repeat clientele. The existing salon configuration and range of services provide an excellent platform for an experienced operator, beauty professional or entrepreneur looking to acquire an established operation rather than starting from scratch. Located in a busy commercial area with convenient customer access and exposure to a large surrounding residential population. NDA required (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$249K
Down payment30% · $75K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$18K

Annual cash flow

$5K

Cash-on-cash

6.23%

DSCR

1.34

Going-in cap

7.41%

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

112,334

Households

38,891

Median income

$65,500

Median age

38.1

Daytime population

143,815

5-yr growth

4.5%

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

Secure deal room

Confidential diligence documents for 1781 CONFIDENTIAL, Surrey.

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.