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Listed by Gregory Jandricic • Keller Williams Edge Realty, Brokerage
$99,000
Est. payment /mo
UPDATED:
11/01/2024 05:07 PM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40670368
Originating Board Hamilton - Burlington
Property Description
Seize this unique opportunity with Evolve Studios, a well-established barbershop and salon located on Lakeshore Blvd West in the heart of Etobicoke. Positioned in a high-traffic area close to public transit, this business has built a loyal client base, making it an attractive prospect for owner-operators and investors alike. Evolve Studios features five chair rentals and three additional treatment rooms suitable for professionals like stylists, Botox practitioners, massage therapists, and estheticians, allowing for diverse income streams. With the combination of low overhead and the ability to rent out all chairs and rooms, the business has the potential to generate monthly profits of approximately $5,000. This flexible arrangement makes it ideal for those seeking either an active role in operations or a passive income model. The lease was recently renewed in September, locking in extremely favourable rent rates and ensuring stability for years to come. Spanning both a main floor and basement, Evolve Studios maximizes its functional space and offers a welcoming, well-appointed environment that attracts clients from the bustling Etobicoke community. Whether you’re an industry professional looking to run your own salon or an investor aiming to capitalize on a profitable and easily managed business model, Evolve Studios stands out as a remarkable opportunity in a prime location. Don’t miss out on the chance to step into a thriving business with immense potential for growth and ongoing success.
Location
Province ON
County Toronto
Area Tw06 - Toronto West
Direction QEW to Cawthra Rd to Lake Shore Blvd E to Lake Shore Blvd W
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Garage No
Building
Lot Description High Traffic Area, Highway Access, Major Highway, Public Parking, Public Transit, Rail Access, Ravine, Shopping Nearby, Visual Exposure
Faces QEW to Cawthra Rd to Lake Shore Blvd E to Lake Shore Blvd W
New Construction No
Others
Senior Community No
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Doug Folsetter
Sales Representative | License ID: 4729737
Sales Representative License ID: 4729737