402 - 552 Clarke Road, Coquitlam, BC

This well-positioned hair salon is in the bustling Burquitlam Plaza, right by the Burquitlam Skytrain station. The area features numerous high-rise buildings, making it a hot spot for the community and ensuring consistent foot traffic and visibility. Chair Rentals: 3 out of 5 chairs are currently rented: - 1 for manicure/pedicure - 2 for haircuts Current monthly chair rental income is $1,296: - $570 (5 days a week) - $260 (2 days a week, previous owner) - $466 (manicure services) - Other Revenue: Two commission-based barbers/hair stylists use the remaining chairs. Lease Details: - Monthly lease: $2,104.54 - Lease Term Extension: The lease has been extended for an additional 5 years, starting from November 1, 2020, and ending on October 31, 2025. There is an option to negotiate an extension with the landlord 6 months before the expiry of the term. Additional Information: - The salon is closed on Sundays. - Opportunity to grow by renting out additional chairs or extending service days. - The business is ready to go, with everything related to the salon included in the sale. This includes all furnishings, equipment, and inventory necessary to continue operations seamlessly The salon offers a solid income base with existing chair rentals and a long-term lease for stability. Although the business overhead costs are already covered with the rented chairs and passive income, the current head stylist is selling due to health reasons, presenting a perfect opportunity for a hairstylist looking to invest in their craft and grow.