Sale Of Business · For sale

105 - 1076 Gainsborough Road, London North

$100,000business price

Listing brokerage: Billion Realty Inc. · MLS® X13874182

Property report for this address · zoning, second units, flood, schools (public records)

Listing brokerage

Billion Realty Inc.

Type

Sale Of Business

Deal

For sale

Category

Businesses

Lot

0 x 0 ft

Area

North I

MLS® number

X13874182

Description

Turnkey cold-plunge & infrared-sauna recovery studio - fully built, fully permitted, fully equipped. London, Ontario. Rare opportunity to acquire a purpose-built 773 sf ground-floor recovery studio in a new mixed-use building on a high-traffic arterial corridor (Hyde Park / Gainsborough). Three premium commercial cold plunge tubs (Plunge All-In with integrated chiller & filtration) + four-person Clear light infrared sauna, all purchased new in 2024 and very lightly used. Complete commercial fit-out including rubber flooring, change rooms, washroom, laundry, dedicated electrical, plumbing, HVAC, sprinklers, lighting, and professional finishes. All City of London permits, engineering, and fire-code approvals already in place - original build-out and permitting cycle took nearly a year. Approximately $158,000 invested in assets and improvements. Lease runs to May 2029 with two further three-year options. Assignment permitted with landlord consent (not to be unreasonably withheld). Permitted uses include Medical, Wellness, Commercial Recreation, or Personal Service - ideal for cold plunge, contrast therapy, recovery, physiotherapy, massage, or adjacent wellness concepts with no change-of-use required. This is an asset-and-position sale of an operating-ready facility that was never traded at scale. The studio is ready for immediate use by an operator who can staff consistent hours and execute marketing. No material membership base or proven earnings history - buyer builds demand from a clean start. Equipment and improvements alone represent significant replacement cost and time savings versus building from scratch. Ideal for an experienced wellness operator, physiotherapist, or recovery-focused entrepreneur seeking a turnkey platform without the construction, permitting, and time risk. Asset purchase with lease assignment.