551 King Street Unit# 101

About this residence

Excellent opportunity to acquire Merle Norman Spa and Cosmetics Studio, a well-established and profitable business with nearly 50 years of success in a high-traffic downtown location. This turnkey operation includes all equipment, leasehold improvements, and a loyal client base, with no franchise fees. The business benefits from a favorable $3,000/month lease inclusive of electricity and water, and consistent walk-in traffic from surrounding offices, retail, and service businesses. Ideally situated across from the upcoming Performing Arts Centre and next to the new Justice Building, this property is positioned for significant growth and increased foot traffic. The space was previously used as a café, allowing flexibility for diversification or expansion into complementary services. With ample room for future expansion, its also an exceptional opportunity for business immigrants seeking a seamless start in a welcoming and fast-developing community. Zoned City Centre, the location supports a variety of uses including retail, restaurant, medical, office, or child care. Financial statements are available to qualified buyers. This is a rare chance to own a profitable, reputable business in a rapidly developing area ideal for an investor or entrepreneur seeking a stable operation with strong cash flow and excellent future potential. (id:61366)