#6 2255 HWY 20 Highway, Thorold (Hurricane/Merrittville) - Business for Sale
#6 2255 HWY 20 Highway, Thorold (Hurricane/Merrittville), Ontario, L3B5N5
Description
Highly Profitable, Turn-Key Business with Diverse Revenue Streams 30% Net Cap Rate. A rare opportunity to acquire a well-established, multimillion-dollar revenue business with a strong track record of profitability and long-standing B2B sales contracts across Canada. This fully operational and scalable company has been successfully serving a wide client base including municipalities, commercial enterprises, and private clients for over 25 years.Primary Revenue Stream: Sales, installation, and takedown of custom netting systems across multiple industries. Applications include landfills, golf courses, city-owned recreation centers, private sports clubs, residential properties, and slow-feed horse netting. Additional Revenue Streams Include: Retail and wholesale of golf supplies and sports equipment. Sales and installation of high-quality artificial turf for various applications. On-site golf simulator and driving range, offering experiential and recurring revenue. This multifaceted business is fully staffed, equipped, and ready for a seamless transition. The current owner is retiring and is willing to remain involved for up to 12 months to ensure a smooth handover and provide operational guidance. With a proven 22% net cap rate and significant growth potential, this is an ideal investment for a strategic buyer or ambitious entrepreneur seeking immediate returns and expansion opportunities. (id:66096)
Property Details
- MLS®
- X12111530
- Property Type
- Business
- Zoning
- Light industrial
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Garage
- Other
- Property Tax
- $1/yr
- Listed
- 553 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 553 days on market, against an average age of 70 days across the listings currently for sale in this city
This business in Thorold (Hurricane/Merrittville) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L3B)
This home lists at $1,499,900, about 22.6× the local median household income of $66,500.
Carrying it typically needs a household income of about $292,983 (20% down, 25-yr amortization, stress-tested) — roughly 341% above the area median.
- Median household income
- $66,500
- Population
- 25,869
- Median age
- 43.2
- Owner / renter
- 66% / 35%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA L3B)
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$1,499,900
Thorold