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$249,000
Available - For Sale
Listing ID: E12004721
250 Bayly St West , Unit 7A, Ajax, L1S 3V4, Ontario


Arts on Fire is a very popular and profitable art school situated in one of the busiest plazas in Ajax on Bayly Road in between Westney and Harwood. This thriving business has been in operation since 2018 and since 2022 in this permanent location. It features 3 different art studios of varying sizes capable of handling multiple parties, events, and classes at once.Built by one owner that was formerly hands-on, this business is now completely hands-off and it still turns great profits. Attractive lease of $5,597 Gross Rent including TMI 2 + 5 years remaining on the current lease. Easy to run with proven staff and an excellent reputation in the community. Great margins and available with training. Please do not go direct or speak to staff.
Price $249,000
Taxes: $0.00
Tax Type: T.M.I.
Occupancy: Tenant
Address: 250 Bayly St West , Unit 7A, Ajax, L1S 3V4, Ontario
Apt/Unit: 7A
Postal Code: L1S 3V4
Province/State: Ontario
Legal Description: PT BLK S PL 480 AJAX PT 1, 40R10787 TOWN
Lot Size: 383.12 x 622.91 (Feet)
Directions/Cross Streets: Bayly St W & Mackenzie Ave
Category: Without Property
Use: Art Gallery
Building Percentage: N
Total Area: 2353.00
Total Area Code:  Sq Ft
Retail Area: 2353
Retail Area Code: Sq Ft
Area Influences: Major Highway   Rec Centre
Business/Building Name: Arts on Fire
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 5
Hours Open: 5-8
Employees #: 12
Seats: 0
LLBO: N
Sprinklers: Y
Washrooms: 3
Outside Storage: Y
Rail: N
Soil Test: N
Volts: 600
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Sewers: San+Storm
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE SIGNATURE REALTY
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At a Glance:
Type: Com - Sale Of Business
Area: Durham
Municipality: Ajax
Neighbourhood: South West
Style:
Lot Size: 383.12 x 622.91(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths: 3
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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