Business For Sale · Specialty

3 - 15461 YONGE STREET, Aurora (Aurora Village)

3 - 15461 YONGE STREET, Aurora (Aurora Village), ON L4G1P3

$65,000 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

95%

About this property

Ever Dreamed Of Owning Your Own Profitable Hair Salon In The Heart Of Aurora Village? Here's Your Chance. This Well-Established, Turnkey Business Has Been Successfully Operating For Over 21 Years, Boasting A Loyal Clientele, Strong Reputation, And Consistent Income Streams. Ideally Located In A Busy Plaza With Excellent Visibility, Easy Accessibility, And Ample Free Parking, This Prime Location Offers Incredible Exposure. With Low Monthly Rent Of $3,800, Additional Income From Chair Rentals And An Established In-House Aesthetician, And With All Chattels Included, This Is A True Walk-In, Start-Operating Opportunity. The Current Owner Is Retiring And Willing To Stay On For A Smooth Transition, Making This A Rare And Exciting Opportunity To Step Into A Thriving, Profitable Business With Room To Grow. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$65K
Down payment30% · $20K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$300

Projected NOI

$5K

Annual cash flow

$1K

Cash-on-cash

5.55%

DSCR

1.30

Going-in cap

7.21%

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

111,477

Households

46,546

Median income

$91,500

Median age

45.5

Daytime population

153,676

5-yr growth

2.7%

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

Secure deal room

Confidential diligence documents for 3 - 15461 YONGE STREET, Aurora (Aurora Village).

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.