5 - 18 CORPORATION DRIVE, Brampton (Bramalea North Industrial)

$295,000

For sale: Other

Other at 5 - 18 CORPORATION DRIVE, Brampton (Bramalea North Industrial)
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® W14031288
Neighbourhood
Bramalea North Industrial

An exceptional opportunity to acquire an established holistic wellness and professional spa business specializing in Ayurvedic treatments, Physiotherapy +, medicines, massage therapy, pain management, natural healing, relaxation, and weight management. Guided by a holistic approach to promoting health and wellness, the business offers a diverse range of services and has built a loyal clientele of over 4,000 regular customers, year over year. Generating annual revenue exceeding $550,000 +, the business offers attractive earning potential for the right operator. The premises feature low rent, three treatment rooms, two washrooms, an in house laundry area, kitchenette, storage space, 240 volt electrical panel, and an additional room at the rear offering potential for future expansion. The business currently operates six days a week, with the flexibility to operate seven days, and accepts medical insurance billing, Cash/Credit/Debit for Ayurvedic medicines and Treatments, providing added convenience for eligible customers. The listing price includes equipments(beds, chairs, etc), offering a turnkey opportunity for a new owner to continue operations. The current lease runs until 2029, with an option to extend for an additional five years. Gross rent is approximately $4,000/month. An excellent opportunity for beginner, entrepreneur, or professional businessman who is seeking to diversify in range of services inclusive of wellness centre with a significant potential for future growth. A physiotherapist is currently available; however, physiotherapy services are not presently offered by the business. There is no exclusivity for physiotherapy services within the plaza, allowing the new owner to introduce physiotherapy and related services (MVA) to expand the business's service offerings and revenue potential.

Sold data

Homes in Brampton (Bramalea North Industrial) — recent sold market

Homes in Brampton (Bramalea North Industrial) took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 43, across 1,282 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.

The median sale price was $819,900.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 17% of sales closed above the list price.

Around 13% of sellers reduced their price before finding a buyer.

Median days to sell
23
Median sale price
$819,900
Sale-to-list ratio
97.0%
Sold above asking
17%

Based on 1,282 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Brampton (Bramalea North Industrial)

Brampton (Bramalea North Industrial) has 112 Fraser Institute–rated schools (86 elementary and 26 secondary), averaging 6.1/10.

Rated schools
112
Elementary
86
Secondary
26
Average rating
6.1 / 10

Top-rated schools in Brampton (Bramalea North Industrial)

  • Al-Ameen — elementary, BramptonFraser rating 10.0/10
  • Khalsa Community — elementary, BramptonFraser rating 10.0/10
  • Our Lady of Lourdes — elementary, BramptonFraser rating 8.6/10
  • Sainte-Jeanne-d'Arc — elementary, BramptonFraser rating 8.3/10
  • Sacred Heart — elementary, BramptonFraser rating 8.1/10
  • St Brigid — elementary, BramptonFraser rating 8.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 5 - 18 CORPORATION DRIVE