Very Profitable And Unique Spa Downtown Toronto For Sale

Overview

  • Business services, Services
  • Property Type

Description



Downtown Toronto,
Ontario, Canada

Asking Price:


$649,000

(CAD)

Sales Revenue:

$800,000
(CAD)

Cash Flow:

$250,000
(CAD)

Business has been in existence for 10 years now. In a high population density with high average household income in a very chic and high tourist area in downtown Toronto. Average yearly profit of approximately $250K. Revenue still increasing and not yet at full capacity – volume can accommodate further growth in sales. Owners moving across country hence the reason for selling. Fairly straight-forward/turnkey operation. Two employees on shift are enough to run the operation properly.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

Rent + TMI is approximately 11K/month. 3 Years remaining on the lease including a 5-Year option.

Leasehold Rent:

$7,500 (CAD)
per annum

Location:

Downtown Toronto, Distillery District

Premises Details:

New Building, 1250 sq ft. Excellently Maintained.

Size in square feet:
1,250

Business Operation

Expansion Potential:

Can open multiple locations as the Name/Brand have been operating in Toronto for 10 years now

Competition / Market:

Minimal – unique niche

Reasons for selling:

Moving to the west coast

Trading hours:

7 Days/Week – 10am to 10pm

Employees:
7
Years established:
10

Other Information

Support & training:

Full Hands-On Training and Support as needed

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Payment structure and terms are negotiable

Inventory / Stock value:
$20,000 (CAD)



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Address

  • City Ottawa
  • Country Canada

Details

Updated on January 19, 2023 at 1:53 pm
  • Property Type: Business services, Services
  • Property Status: For Sale

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