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$ 999,000
Est. payment /mo
Active
700 Kipling AVE #1200 Toronto W08, ON M8Z 5G3
3 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Municipality Toronto W08
Subdivision Islington-City Centre West
MLS Listing ID W12468169
Tax Year 2024
Property Sub-Type Sale Of Business
Lot Depth 363.0
Lot Front 352.85
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 Toronto W08
Area Toronto
Interior
Cooling Yes
Exterior
Community Features Public Transit
Lot Frontage 352.85
Lot Depth 363.0
Others
ParcelsYN No
Listed by ROYAL LEPAGE SIGNATURE REALTY
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