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10610 Bayview Avenue Unit 10, Richmond Hill, ON L4C 3N8

Richmond Hill, ON, L4C 3N8 · Crosby

Sq Ft
Sale Of Business Type
N12889608 MLS#

About this property

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.

Features & Amenities

  • Garage: None
  • Cooling: Yes
  • Heat Type: Gas Forced Air Closed

Property Details

Property Type Commercial
Property Sub-Type Sale Of Business
Garage None
Heat Type Gas Forced Air Closed
Cooling Yes
Annual Tax $7
Tax Year 2025

Heating & Cooling

Heat Type
Gas Forced Air Closed
Cooling
Yes

Parking & Garage

Garage Type
None

Lot & Land

Lot Size Units
Feet
Lot Depth
65.00
Lot Width
16.00

Community & Neighborhood

Community Features
Major Highway, Recreation/Community Centre

Financial & Tax

Tax Annual Amount
$7
Tax Year
2025
Possession Type
Flexible

Utilities & Services

Water Source
Water System

Additional Details

Occupant Type
Tenant
County Or Parish
York
Cross Street
Bayview Ave./ Elgin Mills Rd E.
Directions
South West
Showing Requirements
Showing System

Location

10610 Bayview Avenue Unit 10, Richmond Hill, ON L4C 3N8, Richmond Hill, ON, L4C 3N8

Listing courtesy of BAY STREET GROUP INC.
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