Business For Sale · Specialty

A - 1001 ALBION ROAD, Toronto (Thistletown-Beaumonde Heights)

A - 1001 ALBION ROAD, Toronto (Thistletown-Beaumonde Heights), ON M9V1A6

$44,000 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

US — Urban Services

$ / SF

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Occupancy

100%

About this property

An established salon business is offered for sale in a high-visibility location with steady walk-in traffic and a loyal clientele. The well-maintained premises feature multiple styling and wash stations, a reception area, ample storage, and one private room. Two additional rooms and a bathroom on the lower level provide flexibility to introduce complementary beauty or personalcare services, subject to applicable approvals. The existing salon setup offers an owner-operator or experienced stylist the opportunity to build on an established client base and expand through additional services or retail product sales. Monthly rent is $3,500, with a long-term lease available subject to landlord approval. Business sale only; real property is excluded. All inquiries and showings must be arranged through the listing brokerage. (id:66811)

Financial sandbox

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Estimate
Purchase price$44K
Down payment30% · $13K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$203

Projected NOI

$3K

Annual cash flow

$439

Cash-on-cash

3.32%

DSCR

1.18

Going-in cap

6.54%

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

74,517

Households

26,133

Median income

$130,500

Median age

34.3

Daytime population

63,352

5-yr growth

3.9%

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

Secure deal room

Confidential diligence documents for A - 1001 ALBION ROAD, Toronto (Thistletown-Beaumonde Heights).

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.