Business For Sale · Specialty

117 CROSS AVENUE, Oakville (QE Queen Elizabeth)

117 CROSS AVENUE, Oakville (QE Queen Elizabeth), ON L6J2W7

$175,000 total

—

Asset Class

Specialty

Size

—

Building class

B

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

83%

About this property

Fantastic opportunity to own a turnkey hair salon in the heart of Central Oakville! Established in the same location with no direct competition within the plaza. Ideally situated in a busy and highly visible area surrounded by major retailers including Home Depot, Tim Hortons, Dollarama, No Frills, and Denny's. This spacious, functional salon offers approximately 1,000 sq. ft. and comes fully equipped with 9 styling chairs, 2 sinks, 2 wash chairs, laundry facilities, and all existing chattels. Ample free parking and convenient access to major highways and public transit add to the appeal. An excellent opportunity for an owner-operator, investor, or stylist looking to take over an established space with great potential to grow and expand the business (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$175K
Down payment30% · $53K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$808

Projected NOI

$11K

Annual cash flow

$1K

Cash-on-cash

2.23%

DSCR

1.12

Going-in cap

6.21%

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

95,021

Households

33,776

Median income

$105,000

Median age

45.7

Daytime population

91,926

5-yr growth

7.1%

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

Secure deal room

Confidential diligence documents for 117 CROSS AVENUE, Oakville (QE Queen Elizabeth).

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.