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:13843)
| MLS # | C13061230 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 177 |
| Listing Provided By | HOMELIFE/BAYVIEW REALTY INC. | LATIF MERALI |
| SQ Feet | 905 |
|---|---|
| Zoning | Commercial |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 0 |
|---|
| Province | ON |
|---|---|
| City | Toronto (Newtonbrook West) |
| Postal Code | M2M3X1 |
| Listing VS Median (in M2M3X1) | |
Price: $349,000 low | high Med: $349,000 sqft: 905 low | high Med: 905 $ / sqft: $386 low | high Med: $386 On site: 177 low | high Med: 177 | |
| Province | ON |
|---|---|
| City | Toronto (Newtonbrook West) |
| Postal Code | M2M3X1 |
| Listing VS Median (in M2M3X1) | |
Price: $349,000 low | high Med: $349,000 sqft: 905 low | high Med: 905 $ / sqft: $386 low | high Med: $386 On site: 177 low | high Med: 177 | |