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Hand & Stone Massage And Facial Spa Toronto For Sale

Toronto, Ontario, Canada
Asking Price:
$348,800 (CAD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$100K - $250K (CAD)

Busy Toronto location surrounded by residential neighbourhood, vibrant restaurants, retail stores, offices and lots of pedestrian and vehicle traffic. Hand & Stone Franchise dedicated to total body wellness with expert estheticians and RMT services to help relieve tension and stress - services covered by several insurance companies. Also offering advanced treatments like Triton Laser Hair Removal and the OxyGeneo Super Facial. Well established location with repeat clientele. Current owner is absent from the business. Sales are over $600K a year. Owner pays admin staff approximately $87,000 as they are not hands on.

Previous financials show sales over $800,000 a year with net profit of approximately $217,000 a year!

Property Information

Real Estate:

Lease

Lease Terms:

New 10 year term available. Current base rent $6656.65 plus TMI $3241.19

Location:

Busy Toronto location surrounded by residential neighbourhood, vibrant restaurants, retail stores, offices and lots of pedestrian and vehicle traffic. Well established location with repeat clients.

Premises Details:

Exposure on busy pedestrian friendly main street with lots of vehicle and pedestrian traffic.

Size in square feet:
approximately 2200 sf

Business Operation

Management type:
This business has absentee ownership.
Reasons for selling:

Owner is absent from business and has other interests

Trading hours:

10am-8pm

Employees:
12
Years established:
more than 10 years

Other Information

Support & training:

Franchisor Training, Owner willing to stay on during transitional period

Furniture / Fixtures value:
$500,000 (CAD) - included in the asking price