- Advert ID: 631532
- (Seller ref: spa)
Successful Downtown Boutique Spa For Sale
- Category:
-
- Leisure
- > Recreation
- > Spa
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Summary
- Asking price:
- $110,000
- Sales revenue:
- $308,000
- Net profit:
- < $500k
- Years established:
- 2002
- Employees:
- 5
Business description
Boutique Spa with a stellar reputation in the heart of downtown Toronto. Recommended by a Fashion Magazine 6 years in a row! Intimate, with attention to detail and personalized service, make this a favourite for those who seek a quiet and relaxed atmosphere. Totally turnkey with full time management. Five day a week operation, could be extended. Very reasonable rent, below market value. Asking only $110,000 with $308,000 gross income.
Property information
- Real Estate:
- Lease
- Lease terms:
- to Sept./09 plus 5 year option. Excellent lease below market value only $9.25 sq.ft. net
- Location:
- Excellent downtown location with condos being built and converted nearby
Other information
- Expansion potential:
- With new condos nearby and potential to expand size of premises in the future, business can be increased
- Reasons for selling:
- Family reasons
- Trading hours:
- Tues-Sat 10-8 (5 days)
Contact the seller
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- Leisure
- > Recreation
- > Spa
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