118 - 14800 Yonge St, Aurora, L4G 1N3

Listing Overview

Description

Welcome to Salon City where Personal Care Business Ownership is being revolutionized! Own 38 one and two-person studios for rent to personal care entrepreneurs. Salon City offers personal care business owners a safe turnkey location in which they can begin or grow their own business. Studios are complete with European styling chairs, hair wash sinks for instant occupancy. Included with rental are a host of features to enhance the offering. Features such as: constant exhaust and air circulation systems, washing machines, lounge, classroom, podcast room, key fob building entry and private locked studios. Salon City has full-time, on-site management Tremendous 6,487 sq. ft. prime retail space with a current occupancy rate of approximately 50% (as of Jan 1/ 2025). There is tremendous upside and projected growth in rental income. Bonus income potential includes a huge basement with over 6,723 sq. ft ,which can be sub-leased for training sessions, seminars, beauty schools, or other ancillary uses to compliment your tenants' work. A great opportunity to help entrepreneurs start their new business at a fraction of the cost! Appeals to Hair Salons, Nail Salons, RMT Massage, Tattoo Parlors, Aesthetics Salon, Waxing, Laser, etc., etc. Terrific concept and business opportunity.

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On Market

Sale Of Business

Property Type

$19 / Year

Est. Taxes

Without Property

Style

Beauty Salon

Business Type

N

Franchise