#3B 301 Queen Street South, Caledon (Bolton East), Ontario, L7E2B2
This retail property in Caledon is for sale offering roughly 1,015 sq ft of space.
Turnkey Salon Business Opportunity in Caledon! Approximately 1,015 sq. ft. well-appointed unisex salon located at a busy and prominent intersection with excellent visibility and established rental income. The salon features 8 chairs/stations with existing chair and room rental arrangements, offering an attractive opportunity for an owner-operator or investor. Current rental income is approximately $6,132/month. Monthly lease cost is approximately $3,473.19 including HST, with hydro, gas and phone expenses of approximately $120, $500 and $97 per month respectively. The owner is willing to stay and continue renting one chair, providing a smooth transition for the new owner. Purchase price includes existing leasehold improvements, fixtures, equipment, furnishings, chattels and salon furniture. Fully equipped with salon stations and chairs, mirrors, sinks, laundry facilities, refrigerator, water tank, coffee/espresso machines, lighting, security cameras and other equipment required for a functional salon operation. Excellent opportunity to acquire an established, turnkey salon with multiple income-producing stations. Buyer to verify all measurements, financials, lease details and operating information. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 64 days on market, against an average age of 49 days across the listings currently for sale in this city
This retail in Caledon (Bolton East) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $229,000, about 1.7× the local median household income of $132,000.
Carrying it typically needs a household income of about $44,732 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA L7E)
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