290 Eglinton Avenue W, Toronto, ON M4R 1B2

Property Description

Exceptional opportunity to own a well-established and profitable Nail & Spa business in a highly desirable Midtown location. Successfully operating since 2007, this business has built a strong reputation and loyal clientele over the years.Ideally situated with excellent street visibility and high pedestrian traffic, just a 1-minute walk from the Avenue LRT station, providing convenient access for both clients and staff.The spacious premises feature approximately 1,958 sq. ft. on the main floor, plus an additional 1,100 sq. ft. basement, offering ample space for daily operations and future business expansion. Over $70,000 was invested in renovations and upgrades in March 2024, including new flooring, plumbing, and equipment.All service providers operate as independent contractors on a commission-based arrangement, offering a streamlined business model without direct employee payroll expenses for the owner.Currently operating 6 days a week (Tuesday to Sunday, 10 AM-7 PM; Monday closed).Attractive Lease Terms: Approximately 3.5 years remaining on the current lease, plus a 5-year renewal option. Low base rent of approximately $4,731/month, with TMI included in the total monthly cost of approximately $7,000.An excellent opportunity for both experienced operators and first-time business owners looking to acquire an established business with a proven operating history, loyal customer base, and significant potential for future growth!