For Sale - 10610 Bayview Avenue Unit# Unit 10, Richmond Hill, Ontario

Est payment $960/mo
Views   1
Time on Jump  9 day
  • Established hair salon with over 30 years of successful operations.
  • Loyal customer base ensures immediate cash flow for new ownership.
  • Turnkey operation ready for instant takeover with trained staff.
  • Additional basement space offers expansion and rental income potential.
  • Lease in place until 2028 with renewal options available.



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, 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.
Listing IDN12889608
Address10610 Bayview Avenue Unit# Unit 10
CityRichmond Hill, Ontario
Price$199,900
StyleSale Of Business
TypeBusiness
StatusFor Sale
Subtype Sale Of BusinessCommunity Features Major Highway, Recreation/Community CentreBasement 1Heating / Cooling Gas Forced Air Closed
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Listing Agency:  BAY STREET GROUP INC.

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10610 Bayview Avenue Unit# Unit 10
Richmond Hill , Ontario
$199,900
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