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$62,700
Available - For Sale
Listing ID: C12455710
Discover a fantastic opportunity to own a well-established and highly successful hair salon in the heart of downtown Toronto's St. Lawrence community. This beautifully maintained, cozy, and inviting salon has been operating at the same location for 30 years, with the current owner proudly running it for more than 12 years. Now, as the owner retires, this beloved business is ready for its next chapter. Perfectly situated just a short walk from the St. Lawrence Market, the salon enjoys prime street-level exposure on Lower Sherbourne Street, offering exceptional visibility and consistent foot traffic. The surrounding area is bustling with residential and commercial activities, including two new condominium towers with 1,500+ units nearby and even more developments underway creating a tremendous opportunity to grow an already loyal client base. The salon currently serves over 400 loyal clients built over decades of exceptional service, with the outgoing owner willing to personally introduce and refer clientele to the new owner, ensuring a smooth transition and continued success. The space offers flexibility for additional services such as spa or nail treatments, with significant potential for revenue growth through extended hours or added services. Monthly lease: Only $2,200/month + TMI $100/month. Lease term: 3 years remaining with easy renewal for a proper candidate. 1 Parking space included, additional parking available at extra cost. Don't miss your chance to make this proven, thriving business your own.
Price $62,700
Taxes: $1,200
Tax Type: TMI
Occupancy by: Owner
Address: 120 Lower Sherbourne Stre , Toronto, M5A 4J4, Toronto
Postal Code: M5A 4J4
Province/State: Toronto
Directions/Cross Streets: Front St. E & Lower Sherbourne St.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Without Property
Use: Hair Salon
Total Area: 0
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: F
Franchise: F
Days Open: O
Hours Open: 10:30 -
Employees #: 0
Seats: 4
Maintenance: 0
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
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HOMELIFE LANDMARK REALTY INC.

120 Lower Sherbourne Stre , Toronto, M5A 4J4, Toronto

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Maria Tompson
Sales Representative
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416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto C08
Neighbourhood: Waterfront Communities C8
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Lot Size: x 19.00(Feet)
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Tax: $1,200
Maintenance Fee: $0
Beds: 0
Baths: 1
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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