Business For Sale · Specialty

783 BRANT STREET, Burlington (Brant)

783 BRANT STREET, Burlington (Brant), ON L7R2J3

$129,900 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

US — Urban Services

$ / SF

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Occupancy

87%

About this property

Operating hair and beauty salon in Burlington, offering hair, sugaring and waxing services from approximately 1,055 sq. ft. of leased premises. Modern salon setup with four styling stations, three esthetician beds, a wash station and reception/waiting area. Opportunity for an owner-operator to acquire agreed business assets and continue the existing salon concept, subject to lease terms and required approvals. Business asset sale only; no real estate or corporate shares included. Equipment, trade name and goodwill inclusions subject to the final asset schedule and purchase agreement. Lease assignment or new lease subject to the Landlord's written approval. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$130K
Down payment30% · $39K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$600

Projected NOI

$7K

Annual cash flow

$-403

Cash-on-cash

-1.03%

DSCR

0.94

Going-in cap

5.23%

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

62,374

Households

22,576

Median income

$126,500

Median age

34.5

Daytime population

80,114

5-yr growth

8.6%

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

Secure deal room

Confidential diligence documents for 783 BRANT STREET, Burlington (Brant).

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.