$229,000
For sale: Other

Turnkey Salon Business Opportunity in Caledon! Approximately 1,015 sq. ft. well-appointed unisex salon located at a busy and prominent intersection with excellent visibility and established rental income. The salon features 8 chairs/stations with existing chair and room rental arrangements, offering an attractive opportunity for an owner-operator or investor. Current rental income is approximately $6,132/month. Monthly lease cost is approximately $3,473.19 including HST, with hydro, gas and phone expenses of approximately $120, $500 and $97 per month respectively. The owner is willing to stay and continue renting one chair, providing a smooth transition for the new owner. Purchase price includes existing leasehold improvements, fixtures, equipment, furnishings, chattels and salon furniture. Fully equipped with salon stations and chairs, mirrors, sinks, laundry facilities, refrigerator, water tank, coffee/espresso machines, lighting, security cameras and other equipment required for a functional salon operation. Excellent opportunity to acquire an established, turnkey salon with multiple income-producing stations. Buyer to verify all measurements, financials, lease details and operating information.
Sold data
Homes in Bolton East took a median of 26 days to sell over the last 365 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 46, across 110 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.
The median sale price was $943,950.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
Based on 110 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Caledon (Bolton East) has 8 Fraser Institute–rated schools (7 elementary and 1 secondary), averaging 6.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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