Business For Sale · Specialty

90 DISTILLERY LANE, Toronto (Waterfront Communities)

90 DISTILLERY LANE, Toronto (Waterfront Communities), ON M5A4R2

$229,900 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

90%

About this property

An exceptional opportunity awaits in Toronto's iconic Distillery District a rare chance to own a turnkey hair salon business in one of the city's most visited and vibrant destinations. This well-established salon has been serving a loyal clientele of over 5,500+ customers for over a decade and is nestled in a beautifully restored space that seamlessly blends modern elegance with historic charm. With original exposed brick from the 1800s, custom-made furnishings, and thoughtful design throughout, the atmosphere is both warm and professional a space that immediately feels inviting to new clients and stylists alike. The salon is fully equipped and ready for immediate operation, featuring six styling stations, three shampoo sinks, a spacious manicure and pedicure area, two private bathrooms (for staff and clients), a spacious kitchenette, 2 color mixing stations, private office, generous storage, and a welcoming reception and lounge. Moreover, the salon offers professional grade Red Light Therapy, and Pelvic Floor Therapy. The entire team of experienced professionals is willing to stay on to ensure a smooth, effortless transition. With exclusivity from the landlord as the only hair salon permitted in the entire Distillery District, this business is uniquely positioned for continued growth and long-term success. Located in a high-foot-traffic area surrounded by boutiques, restaurants, art galleries, and upscale tourists year-round, the salon benefits from unmatched visibility and a long-term lease with a supportive landlord.The sale includes most furnishings with some exclusions, inventory, professional equipment, and a robust client database.Whether you're an investor or an industry professional looking to step into a thriving, beautifully run business, this is a truly rare and inspiring opportunity in one of Torontos most treasured neighbourhoods. (id:66811)

Financial sandbox

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Estimate
Purchase price$230K
Down payment30% · $69K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$13K

Annual cash flow

$590

Cash-on-cash

0.86%

DSCR

1.05

Going-in cap

5.80%

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

138,477

Households

55,492

Median income

$63,500

Median age

37

Daytime population

198,085

5-yr growth

6.7%

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

Secure deal room

Confidential diligence documents for 90 DISTILLERY LANE, Toronto (Waterfront Communities).

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.