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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,599,900
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
Welcome to Eagle Lake Golf Course, a Thriving Family-Owned Business with a Successful 40+ Year Track Record! Situated on a Unique 126.47-Acre Property, this Profitable Establishment Offers Breathtaking Views of the Lake. It Features a Fully Equipped and Licensed 4,021 sq ft Clubhouse, Including an 86-Seat Dining Room and Bar, Overlooking Breathtaking Views of the Course. The Clubhouse Includes a Spacious Self-Contained 2-Bedroom, 1-Bathroom Apartment, Providing Comfortable Living Quarters for Additional Income or Seasonal Employee Accommodations. This Turnkey Business Includes a Meticulously Designed 3400-Yard, Par 47, 12-Hole Golf Course, Complete with Stunning Practice Greens and a State-of-the-Art Computerized Irrigation System. Additionally, there is a Large 3-Door Maintenance Building, Housing Top-Notch Turf Maintenance Equipment. The Fully Stocked Pro Shop Caters to the Needs of Avid Golfers. Eagle Lake Golf Course Presents an Exceptional Opportunity for those Seeking a Profitable and Versatile Business within a Stunning Natural Setting. **EXTRAS** Conveniently Located just Minutes Away from the Beach, Scenic Trails, and the Renowned Mikisew Provincial Park, this Property Offers the Perfect Combination of Sport, Leisure and Natural Beauty. A Vendor Take Back Mortgage (VTB) Option is Available (OAC), and Over 36 Acres Of Unused Land for Potential Future Course Expansion or Possible Housing Redevelopment! Pin #520550254. (id:39198)
Location
Province
Ontario
City
Machar
Address
Eagle Lake
Postal Code
P0A1X0
Location Highlights
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Listed by
FOREST HILL REAL ESTATE INC. 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
126
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.
Not Included
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
$2,599,900
Asking Price
$2,599,900
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)
126
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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