Business For Sale · Specialty

Unknown

Unknown, ON

$349,000 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

96%

About this property

Turnkey Pilates Studio Business For Sale! Excellent opportunity to own a modern Pilates studio in a prime, high-traffic plaza anchored by renowned brands including Tim Hortons, RBC, and a variety of popular restaurants. Surrounded by a high-density residential community, this location offers tremendous exposure and access to a strong potential customer base. Opened less than one year ago, the studio features top-of-the-line Pilates equipment with 9 fully equipped stations and offers multiple classes daily. Strong sales performance in a short period highlights the business's promising potential for continued growth. Benefit from a new 5-year lease with an additional 5-year renewal option and an attractive gross rent of only $6,000/month. Ideal for fitness professionals, Pilates instructors, or entrepreneurs looking to acquire a well-equipped studio in an established commercial plaza. A fantastic opportunity to take over a modern fitness concept with quality equipment, an excellent location, and significant potential to build on its early success! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$349K
Down payment30% · $105K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$22K

Annual cash flow

$3K

Cash-on-cash

2.94%

DSCR

1.16

Going-in cap

6.42%

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

92,353

Households

32,217

Median income

$95,500

Median age

31.5

Daytime population

137,379

5-yr growth

2.6%

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.