Business For Sale · Specialty

3 - 7730 ISLINGTON AVENUE, Vaughan (East Woodbridge)

3 - 7730 ISLINGTON AVENUE, Vaughan (East Woodbridge), ON L4L1W3

$399,000 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

US — Urban Services

$ / SF

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Occupancy

94%

About this property

Excellent opportunity to sublease a fully set-up beauty salon with barber shop in a central area of Woodbridge. This very elegant space has a very tasteful modern decor and it comes fully finished and furnished with several stations. Work area measures approximately 1510 sq. ft. Inclusive of two washrooms. Plenty of storage/office at rear. Great exposure to, and visibility from Islington Ave. Don't miss this fantastic opportunity to own a bussiness that is already set-up and running with an existing clientale. (id:66811)

Financial sandbox

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Estimate
Purchase price$399K
Down payment30% · $120K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$26K

Annual cash flow

$4K

Cash-on-cash

3.37%

DSCR

1.18

Going-in cap

6.55%

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

54,707

Households

25,520

Median income

$124,000

Median age

32.3

Daytime population

66,035

5-yr growth

3%

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

Secure deal room

Confidential diligence documents for 3 - 7730 ISLINGTON AVENUE, Vaughan (East Woodbridge).

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.