Business For Sale · Specialty

122 W BROADWAY, Vancouver

122 W BROADWAY, Vancouver, BC V5Y1P3

$70,000 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

97%

Lot Size

0.027548209366391185 ac

About this property

Opportunity to own a salon investment featuring a modern, well-maintained, newly renovated space on West Broadway in the Cambie/Mt Pleasant area. The premises have been fully upgraded with new furniture, refreshed flooring, walls, and ceiling, plus updated lighting throughout, creating a stylish turnkey environment. Approx. 1,200 sq ft with 7 styling chairs and a functional, revenue-generating layout for efficient daily operations. Includes 2 dedicated parking stalls for staff. Ideal for an owner-operator or stylist team seeking an established location with growth potential. Base rent approx. $2,350/month plus taxes, offering favorable occupancy costs. Lease secured until 2028 with a 5-year renewal option. Financials, lease docs, and equipment list available upon NDA. Please do not approach staff. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$70K
Down payment30% · $21K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$323

Projected NOI

$5K

Annual cash flow

$1K

Cash-on-cash

6.83%

DSCR

1.37

Going-in cap

7.59%

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

139,561

Households

55,234

Median income

$66,500

Median age

41.2

Daytime population

211,236

5-yr growth

9%

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

Secure deal room

Confidential diligence documents for 122 W BROADWAY, Vancouver.

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.