Business

6166 Yonge Street

Toronto (Newtonbrook West), Ontario M2M3X1

$349,000

MLS® C13061230

  • 905 sq ftInterior

Overview

Exceptional opportunity to acquire a well-established and highly profitable massage therapy clinic and health & beauty spa in a prime, high-traffic location at Yonge & Steeles. This turnkey business features 5 fully equipped treatment rooms with premium, high-end equipment, including laser technology for vein treatments, CO2 laser, EMS system for non-invasive facelifts, and hydra therapy systems. The business benefits from a strong and loyal client base, generating consistent revenue and very high profit margins with solid net income. One treatment room is currently subleased for hair therapy, providing additional passive income of $2,000/month. Lease terms are highly favorable with 3.5 years remaining plus a 10-year renewal option. Gross rent is $6,500/month, inclusive of TMI and HST. The current owner and experienced staff are willing to remain, ensuring a smooth transition and continued success for the new owner. Ideal for investors or owner-operators seeking a profitable, turnkey operation in the growing health and wellness sector. Don't miss this rare opportunity to step into a thriving, fully operational business with strong cash flow and expansion potential. (id:57793)

Property details

MLS® number
C13061230
Price
$349,000
Listing
For sale
Property type
Business
Interior size
905 sq ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Water
Municipal water
Zoning
Commercial

Location

Address
6166 Yonge Street
City
Toronto (Newtonbrook West)
Area
Newtonbrook West
Province
Ontario
Postal code
M2M3X1
Country
Canada

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