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Established Luxury Hair Salon In Toronto Region For Sale

Ontario, Canada
Asking Price:
$225,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,704,547 (CAD)
Cash Flow:
$91,312 (CAD)

This is your opportunity to own a luxurious hair salon nestled within a prestigious enclosed mall in the Toronto region that has been a pillar of excellence since its establishment in 1995.

With a spacious 1775 square feet of meticulously designed space, the salon boasts 25 stylish workstations where clients can indulge in a variety of premium hair services.

Led by a team of skilled professionals, including 20 full-time and 13 part-time employees, Elegance Hair Studio offers expert cutting, coloring, hair extensions, conditioning treatments, repair treatments, and more.

With a commitment to delivering exceptional service and creating personalized experiences for each client, this mature business remains the destination of choice for those seeking the epitome of luxury hair care in the community.

Property Information

Real Estate:

Lease

Premises Details:

This high-end salon is newly renovated provide modern luxury with warm hospitality.

Business Operation

Expansion Potential:

With the effort from the city to bring higher density living and expand on the growing public transportation infrastructure in the surrounding area, the salon will have the potential to have higher traffic in the coming years.

Reasons for selling:

The owner would like to spend more time with his family.

Trading hours:

Mon-Fri 10am-9pm; Sat 9-9; Sun 11am-7pm

Employees:
20 FT/13 PT
Years established:
28

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Will train for 2 weeks @ $0 cost.

Furniture / Fixtures value:
$946 (CAD) - included in the asking price
Inventory / Stock value:
$18,000 (CAD) - included in the asking price