STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108


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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$199,900
Available - For Sale
Listing ID: N12889608
30+ Years of Continuous Operations - This hair salon has been serving the Richmond Hill community at the same high-traffic Bayview Avenue location for over 30 years, with the current owner successfully at the helm for the last 15 years. The seller is now retiring, offering a rare opportunity to acquire a deeply established, turnkey operation. Why This Business Stands Out: Legacy & Clientele: Multi-decade presence in the plaza has cultivated an extremely loyal, consistent, and daily busy customer base. You are acquiring a proven reputation and immediate cash flow. True Turnkey Operation: Walk in and take over Day 1. Supported by a couple of reliable, long-term employees, allowing for smooth operation even with minimal initial salon involvement from the new owner. Systems are in place. Massive Expansion Potential (The Basement): The unit features approximately 1,055 sq. ft. of main floor space PLUS additional basement space. This is a significant value-add opportunity: Sublet the basement to a complementary health/beauty business (esthetics, lashes, spa, skincare) to generate immediate additional monthly rental income. Expand service offerings into the basement to create a full-service "Salon & Spa" destination, increasing overall sales without relocating. FINANCIAL & OPERATIONAL: Profitable Operations: A consistently busy salon with verified financials available to qualified buyers upon signing a Confidentiality Agreement. Lease in Place: Current lease extension runs to May 31, 2028, with a clause for one further 5-year renewal option (Fair Market Value rent upon renewal). Equipment and Inventory onsite are all included. List will be provided with firmed offer. FINANCING AVAILABLE: VENDOR FINANCING may be available for qualified buyer. Terms to be discussed upon conditional agreement. The seller has spent a decade building supplier relationships, customer trust, and operational systems.DO NOT go direct & DO NOT speak to employees.
Price $199,900
Taxes: $6.5
Tax Type: N/A
Occupancy by: Tenant
Address: 10610 Bayview Avenue , Richmond Hill, L4C 3N8, York
Postal Code: L4C 3N8
Province/State: York
Directions/Cross Streets: Bayview Ave./ Elgin Mills Rd E.
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
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 0
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Washroom 31 0
Washroom 32 0
Washroom 33 0
Washroom 34 0
Washroom 35 0
Category: Without Property
Use: Barber/Beauty
Building Percentage: F
Total Area: 0
Total Area Code:  Sq Ft Divisible
Retail Area Code: Sq Ft
Area Influences: Major Highway   Recreation/Comm
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 10am to
Employees #: 4
Seats: 6
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Water: Water Sys
Water Supply Types: Water System
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BAY STREET GROUP INC.

10610 Bayview Avenue , Richmond Hill, L4C 3N8, York

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Stan Khurana
Sales Representative
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6473836000
Bus:
905-883-1988

 
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At a Glance:
Type: Com - Sale Of Business
Area: York
Municipality: Richmond Hill
Neighbourhood: Crosby
Style:
Lot Size: x 65.00(Feet)
Approximate Age:
Tax: $6.5
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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