Toronto - Newtonbrook West
Listed For $469,000
Get Pre-approvedAdded 1 month ago
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
* Values are estimates only and not a guarantee of lending or affordability.
