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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$6,499,900
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Attention investors, business owners, and developers! This prime piece of land spans over 20 acres and is situated at the northeast corner of Taunton and Church, a high-growth area. Seconds away from all amenities and downtown Ajax, as well as easy access to the 407 and 401 highways, this property boasts amazing traffic flow. Currently operating as a golf range with 70 stations and 4 training holes, the property offers great potential buyer to do their own due dilgence for various uses and variances The range includes bungalow, pro shop, commercial parking available, along with 2 drilled wells and 2 septic. The bungalow features a formal family room with broadloom and French doors, a separate dining room with a walk-out to the deck, and a kitchen with tile flooring and backsplash. The main level includes 3 bedrooms, while the loft serves as a 4th bedroom with broadloom floors, a 2-piece bath, window, and closet. **** EXTRAS **** Commercial Parking, 2 Drilled Wells & 2 Septic, additional items available for sale directly with the Seller (id:39198)
Location
Province
Ontario
City
Ajax
Address
560 Taunton Rd W
Postal Code
L1T4S9
Location Highlights
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Listed by
KELLER WILLIAMS ENERGY LEPP GROUP REAL ESTATE Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
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Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E Furniture, Fixtures & Equipment that remain with the business.
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Inventory Value - approximate Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$6,499,900
Asking Price
$6,499,900
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
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Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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