$199,900

10610 Bayview Avenue Unit 10, Richmond Hill, ON L4C 3N8

Crosby, Richmond Hill,

| | 2,100 sq.ft. |

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30+ Years of Continuous Operations - This hair salon has been serving the Richmond Hill community at the same high-traffic Bayview Avenue location for over 30 years, with the current owner successfully at the helm for the last 15 years. The seller is now retiring, offering a rare opportunity to acquire a deeply established, turnkey operation. Why This Business Stands Out: Legacy & Clientele: Multi-decade presence in the plaza has cultivated an extremely loyal, consistent, and daily busy customer base. You are acquiring a proven reputation and immediate cash flow. True Turnkey Operation: Walk in and take over Day 1. Supported by a couple of reliable, long-term employees, allowing for smooth operation even with minimal initial salon involvement from the new owner. Systems are in place. Massive Expansion Potential (The Basement): The unit features approximately 1,055 sq. ft. of main floor space PLUS additional basement space. This is a significant value-add opportunity: Sublet the basement to a complementary health/beauty business (esthetics, lashes, spa, nails, skincare) to generate immediate additional monthly rental income. Expand service offerings into the basement to create a full-service "Salon & Spa" destination, increasing overall sales without relocating. FINANCIAL & OPERATIONAL: Profitable Operations: A consistently busy salon with verified financials available to qualified buyers upon signing a Confidentiality Agreement. Lease in Place: Current lease extension runs to May 31, 2028, with a clause for one further 5-year renewal option (Fair Market Value rent upon renewal). Equipment and Inventory onsite are all included. List will be provided with firmed offer. FINANCING AVAILABLE: VENDOR FINANCING may be available for qualified buyer. Terms to be discussed upon conditional agreement. The seller has spent a decade building supplier relationships, customer trust, and operational systems.DO NOT go direct & DO NOT speak to employees.

Property Info
MLS®: N12889608
Listing Courtesy of BAY STREET GROUP INC.
Floor Space 2100 sq.ft.
Lot Size 1040 sq.ft.
Last Updated 2026-03-17
Property Type Commerece
Listed Price $199,900
Unit Pricing $95/sq.ft.
Tax Estimate $7/Year
More Details
Water Supply Municipal
Summary
    Location and General Information
  • HoldoverDays: 90
  • Property Type: Commercial
  • Property Sub Type: Sale Of Business
  • GarageType: None
  • Directions: South West
  • Taxes and HOA Information
  • Tax Year: 2025
  • Parking
Interior and Exterior Features
    Interior Features
  • Cooling: Yes
  • HeatType: Gas Forced Air Closed
  • Exterior Features
Property
    Utilities
  • Water Source: Water System
  • Property and Assessments
  • Building Area Total: 2100
  • Building Area Units: Sq Ft Divisible
  • Lot Information
  • LotSizeUnits: Feet
  • LotDepth: 65
  • LotWidth: 16
  • Others
Sold History
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