Business For Sale · Specialty

8 - 2565 STEELES AVENUE E, Brampton (Steeles Industrial)

8 - 2565 STEELES AVENUE E, Brampton (Steeles Industrial), ON L6T4L6

$89,000 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

82%

About this property

Completely Renovated, Turn-Key Business For Sale. A Well Established Salon Is For Sale In A Very Busy Location In Brampton. Same Owner Has Been Here For 20 Years And Has Built Up A Large Clientele And Great Reputation. Established Local Clientele And A Large Walk-In Customer Base. Very Competitive Monthly Rent With Option To Sign New Lease With Landlord Directly. Steeles Ave E Facing Unit With Ample Parking In Front Allows For Maximum Street Exposure. Salon Consists Of 2 Working Areas, Can Be Combined For 1 Large Shop, or Secondary Area Can Be Rented Out. Main Area Consists Of 9 Stations - 5 For Barbers, 4 For Hair Stylists, And 1 Waiting Station. Main Area Includes 3 Wash Stations, 1 Washroom, And A Separate Stock/Break Room. Newly Renovated Area Available In The Back Of The Salon Which Consists Of 2 Stations, 1 Wash Station + 2 Rooms For Services (Laser, Waxing, Etc.). Rear Parking Available To Allow For Separate Entrance For Clients. This Can Provide Additional $1500+ Per Month To Help Cover Your Costs. Noteworthy Additions Include New Barber and Hair Stylist Chairs (2026) and Recently Replaced (2026) Hot Water Tank. Landlord Willing To Negotiate New Lease With Potential Buyers. (id:66811)

Financial sandbox

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Estimate
Purchase price$89K
Down payment30% · $27K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$411

Projected NOI

$5K

Annual cash flow

$373

Cash-on-cash

1.40%

DSCR

1.08

Going-in cap

5.96%

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

134,499

Households

49,793

Median income

$137,500

Median age

40.3

Daytime population

210,404

5-yr growth

1.8%

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

Secure deal room

Confidential diligence documents for 8 - 2565 STEELES AVENUE E, Brampton (Steeles Industrial).

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.