Business For Sale · Specialty

7104 GOREWAY DRIVE, Mississauga (Malton)

7104 GOREWAY DRIVE, Mississauga (Malton), ON L4T2T6

$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

90%

About this property

Hair Salon & Spa For Sale In Prime Malton Location! Turn-Key Well Established Business With Strong Repeat Client Base And Excellent Income Potential. Features 4 Styling Stations Plus A Separate Spa Room. Basement Included With Potential For Additional Income Or Storage Use. Low Rent And Easy To Operate Business. Surrounded By Thousands Of Homes In A High-Density Residential Area. Excellent Opportunity For Owner Operator Or Investor. Start Making Money Immediately. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$65K
Down payment30% · $20K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$300

Projected NOI

$4K

Annual cash flow

$7

Cash-on-cash

0.04%

DSCR

1.00

Going-in cap

5.55%

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

145,078

Households

50,589

Median income

$102,500

Median age

45.4

Daytime population

245,174

5-yr growth

5%

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

Secure deal room

Confidential diligence documents for 7104 GOREWAY DRIVE, Mississauga (Malton).

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.