Unit 10 10610 Bayview Avenue
Crosby
Richmond Hill
L4C 3N8
$199,900 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- N12889608
- Bus Major:
- Barber/Beauty
- Photos (8)
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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 Type:
- Commercial
- Property Sub Type:
- Sale Of Business
- Freestanding:
- No
- Total Area:
- 2100 sq. ft. Sq Ft Divisible
- Total Area:
- 2,100 sq. ft.195 m2
- Retail Area:
- 1055 sq. ft. Sq Ft
- Lot Depth:
- 65'19.8 m
- Lot Frontage:
- 16'4.88 m
- Water supply:
- Municipal
- Zoning:
- Hair/Beauty Salon,Skincare,SPA all kinds of Retail
- Heating type:
- Gas Forced Air Closed
- Garage:
- None
- HST Applicable To Sale Price:
- Included In
- Type Taxes:
- N/A
- Taxes:
- $6.5 / 2025
- Assessment:
- $- / -
- York
- Richmond Hill
- Crosby
- Major Highway, Recreation/Community Centre
- DISCLOSURES & CONDITIONS: - This is an asset sale (business assets, goodwill, and lease assignment). No shares are being transferred. - All financial representations are based on seller-provided information. Buyer to verify all figures to their satisfaction. - The sale is conditional upon Landlord consent to lease assignment. Seller will assist. - HST applicable to the sale price (if any is in addition to the purchase price unless otherwise negotiated. SHOWING REQUIREMENTS: Strictly by appointment through showing systems. All interested buyers must sign a Confidentiality/Non-Disclosure Agreement first, before the co-operative agent to book a showing. All the showing need to be approved in 48 hours in advanced.
- Water Supply Types:
- Water System
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Financial Statements:
- No
- Major Business Type:
- Barber/Beauty
- Category:
- Without Property
- Franchise:
- No
- Days Open:
- Open 5 Days
- Hours Open:
- 10am to 6pm
- Employees:
- 4
- Chattels:
- Yes
- LLBO:
- No
- Seats:
- 6
Larger map options:
Listed by BAY STREET GROUP INC.
Data was last updated March 17, 2026 at 01:15 AM (UTC)
- JDL Realty
- JDL REALTY INC., BROKERAGE
- 905-731-2266
- Contact by Email
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