551 King Street Unit# 101 Fredericton, New Brunswick E3B 1E7

$99,800

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. 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:50541)

Property Details

MLS® Number	NB130035
Property Type	Other
Amenities Near By	Public Transit, Shopping
Equipment Type	None
Rental Equipment Type	None
Road Type	Paved Road
Structure	None

Building

Cooling Type	Air Conditioned
Exterior Finish	Brick
Heating Fuel	Electric
Heating Type	Baseboard Heaters

Land

Access Type	Year-round Access, Road Access, Public Road
Acreage	No
Land Amenities	Public Transit, Shopping
Zoning Description	City Centre

https://www.realtor.ca/real-estate/29096649/551-king-street-unit-101-fredericton