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Nahil Matloob
Sales Representative
Homelife\Bayview Realty Inc., Brokerage
Independently owned and operated.
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Nahil Matloob Sales Representative Homelife\Bayview Realty Inc., Brokerage Independently owned and operated. pic 505 Hwy.7 East,suite 201, Thornhill, Ontario L3T7T1 pic Cell: 647 402 0678 | Office: 905 889 2200 pic soldbynahil@yahoo.ca

                   WE ARE #1 OFFICE IN CANADA

                     FOR OVER 25 CONSECUTIVE YEARS

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$469,000
Available - For Sale
Listing ID: C13061230
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.
Price $469,000
Taxes: $0
Tax Type: N/A
Occupancy by: Owner
Address: 6166 Yonge Street , Toronto, M2M 3X1, Toronto
Postal Code: M2M 3X1
Province/State: Toronto
Directions/Cross Streets: Yonge/Steeles
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
Category: Without Property
Use: Medical/Dental
Building Percentage: F
Total Area: 905
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Business/Building Name: Magic Fit Club
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 7am-9pm
Employees #: 3
Seats: 0
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Last Name: *
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE/BAYVIEW REALTY INC.

6166 Yonge Street , Toronto, M2M 3X1, Toronto

Personal Picture
Nahil Matloob
Sales Representative
Dir:
647 402 0678
Bus:
905 889 2200

 
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Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto C07
Neighbourhood: Newtonbrook West
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Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Nahil Matloob
Sales Representative
Homelife\Bayview Realty Inc. , Brokerage
Independently owned and operated.