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$175,000
For saleJust listed

#150B 645 Lansdowne Street West, Peterborough (Otonabee Ward 1) - Business for Sale

#150B 645 Lansdowne Street West, Peterborough (Otonabee Ward 1), Ontario, K9J7Y5

1,291 ft²Listed 5 days ago
Overview

This business in Peterborough is for sale offering roughly 1,291 sq ft of space. It has been on the market 5 days, fresher than the Peterborough average of 62 days.

Description

Established THE TEN SPOT beauty bar franchise opportunity in Peterborough's Lansdowne Place! Approximately 1,291 sq. ft. featuring a dedicated exterior entrance, prominent signage, expansive storefront windows and a bright, modern interior with high ceilings. Functional layout includes 6 manicure stations, 6 pedicure stations, private treatment rooms, reception and retail display areas. Services include manicures, pedicures, waxing and facials. Existing clientele and an established team provide a foundation for a hands-on owner-operator to grow the business through local marketing and community connections. Seller transition training available. Good monthly sales with growing membership revenue. Business sale only; no real estate included. Franchise and lease transfer subject to required approvals. Flexibility to continue under THE TEN SPOT brand or explore an independent concept, subject to franchisor and landlord approval. (id:66096)

Property Details

MLS®
X14131946
Property Type
Business
Business Type
Personal Services
Zoning
Commercial/Retail (SP.94)
Interior Size
1,291 ft²
Lot Size
1,291 sq ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$271,067/yr
Listed
5 days ago

Features

Appliances
All, Furniture

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
5d
Peterborough (Otonabee Ward 1) listings, avg age
62d
Price / ft²
$136
List price
$175K

Just listed: 5 days on market, against an average age of 62 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 38 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This business in Peterborough (Otonabee Ward 1) has been listed for 5 days, which is 57 days fresher than the city average of 62. Act while there is still low competition.

Listed by RE/MAX REAL ESTATE CENTRE INC. · KHALED BARANBO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K9J)

This home lists at $175,000, about 2.4× the local median household income of $72,500.

Carrying it typically needs a household income of about $34,184 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$72,500
Population
44,547
Median age
44
Owner / renter
62% / 38%
Avg. household size
2.3

Source: Statistics Canada, 2021 Census (FSA K9J)

$175,000· $136/ft²
For sale

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Financing

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$175,000

Peterborough

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