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