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, nails, 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. (id:58549)
| Business Type | Personal Services |
| Business Sub Type | Barber/beauty shop |
| MLS® Number | N12889608 |
| Property Type | Business |
| Community Name | Crosby |
| Amenities Near By | Highway, Recreation |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 2100 Sqft |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Highway, Recreation |
| Size Depth | 65 Ft |
| Size Frontage | 16 Ft |
| Size Irregular | Unit=16 X 65 Ft |
| Size Total Text | Unit=16 X 65 Ft |
| Zoning Description | Hair/beauty Salon,skincare,spa All Kinds Of Retail |
https://www.realtor.ca/real-estate/29478608/unit-10-10610-bayview-avenue-richmond-hill-crosby-crosby
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