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UNIT 10 - 10610 BAYVIEW AVENUE
Richmond Hill (Crosby) Ontario L4C3N8 Canada

$199,900

Active Listing ID N12889608
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Business

$199,900

Active Listing ID N12889608
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UNIT 10 - 10610 BAYVIEW AVENUE 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. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Business
  • Features
  • Cooling System: Fully air conditioned
  • Heating Systems: Forced air, Natural gas
  • Additional Features
  • Basement
Listing Changed: 3/24/2026 3:15:32 AM GMT
Source Updated Date: 3/31/2026 8:20:32 PM GMT

Courtesy of: FRANKIE CHEN, Salesperson, BAY STREET GROUP INC.