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$ 999,000
Est. payment /mo
New
700 Kipling AVE #1200 Toronto W08, ON M8Z 5G3
3 Baths
8,406 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 8,406 sqft
Price per Sqft $118
Subdivision Islington-City Centre West
MLS Listing ID W12176459
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Tee Up Social is one of Toronto's premier indoor golf simulator lounges, offering a top-tier experience for golf enthusiasts year-round. With seven fully equipped simulator bays and an eighth ready to launch, the business combines cutting-edge technology with comfort and style.As a licensed venue complete with a bar and kitchen, Tee Up Social is the ideal destination for parties, events, and corporate gatherings. The operation adapts seasonally, running as a full-service venue during the winter and transitioning to an automated model in the summer months. This smart, seasonal structure allows for a hands-off approach during the warmer season, significantly reducing operating costs by eliminating the need for staff while still generating revenue. The business boasts excellent net operating income and a loyal customer base that values the high-end experience. Located in a high-traffic area with plenty of parking and a highly favorable lease at just $18,000 gross (including TMI, hydro, gas, and water), this is a rare turnkey opportunity. With 2 + 5 + 5 years remaining on the lease and premium equipment already in place, Tee Up Social is perfectly positioned for an owner-operator or investor looking for a profitable, low-maintenance venture in the sports and entertainment space.
Location
Province ON
County Toronto
Community Islington-City Centre West
Area Toronto
Interior
Cooling Yes
Exterior
Community Features Public Transit
Lot Frontage 352.85
Lot Depth 363.0
Listed by ROYAL LEPAGE SIGNATURE REALTY