#5 18 Corporation Drive, Brampton (Bramalea North Industrial) - Business for Sale
#5 18 Corporation Drive, Brampton (Bramalea North Industrial), Ontario, L6S6B5
This business in Brampton is for sale. It has been on the market 21 days, fresher than the Brampton average of 136 days.
Description
An exceptional opportunity to acquire an established holistic wellness and professional spa business specializing in Ayurvedic treatments, Physiotherapy +, medicines, massage therapy, pain management, natural healing, relaxation, and weight management. Guided by a holistic approach to promoting health and wellness, the business offers a diverse range of services and has built a loyal clientele of over 4,000 regular customers, year over year. Generating annual revenue exceeding $550,000 +, the business offers attractive earning potential for the right operator. The premises feature low rent, three treatment rooms, two washrooms, an in house laundry area, kitchenette, storage space, 240 volt electrical panel, and an additional room at the rear offering potential for future expansion. The business currently operates six days a week, with the flexibility to operate seven days, and accepts medical insurance billing, Cash/Credit/Debit for Ayurvedic medicines and Treatments, providing added convenience for eligible customers. The listing price includes equipments(beds, chairs, etc), offering a turnkey opportunity for a new owner to continue operations. The current lease runs until 2029, with an option to extend for an additional five years. Gross rent is approximately $4,000/month. An excellent opportunity for beginner, entrepreneur, or professional businessman who is seeking to diversify in range of services inclusive of wellness centre with a significant potential for future growth. A physiotherapist is currently available; however, physiotherapy services are not presently offered by the business. There is no exclusivity for physiotherapy services within the plaza, allowing the new owner to introduce physiotherapy and related services (MVA) to expand the business's service offerings and revenue potential (id:66096)
Property Details
- MLS®
- W14031288
- Property Type
- Business
- Zoning
- M5S
- Bathrooms
- 2
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 21 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 21 days on market, against an average age of 136 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Brampton (Bramalea North Industrial) has been listed for 21 days, which is 115 days fresher than the city average of 136. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L6S)
This home lists at $295,000, about 2.8× the local median household income of $105,000.
Carrying it typically needs a household income of about $57,624 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $105,000
- Population
- 54,361
- Median age
- 38.8
- Owner / renter
- 82% / 18%
- Avg. household size
- 3.2
Source: Statistics Canada, 2021 Census (FSA L6S)
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$295,000
Brampton