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$ 350,000
Est. payment | /mo
$ 350,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Erin Mills
MLS Listing ID W12633946
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Exceptional opportunity to own a profitable and well-established convenience store located in ahigh-demand, high-exposure area within a busy and rapidly growing plaza in Mississauga. This turnkey business offers consistent revenue, steady foot traffic, and a loyal customer base, making it an ideal investment for entrepreneurs or investors seeking a fully operational and income-generating business. The store has recently undergone over $40,000 in upgrades, including a newly added ~400 sq. ft. vape store at the back, creating a valuable additional revenue stream. The business is fully equipped with a modern Point of Sale system, CCTV security, Pot lights, Amazon-Purolator parcel drop-off services, Bitcoin Machine, Western Union, ATM, and more. The store also benefits from exclusive rights for Tobacco, Lottery, and Vape sales within the plaza. Beer and wine sales are in high demand and generate strong sales and profits, boosting profitability.. The current lease runs until March 31, 2026, with a 5-yearrenewal option available. Gross rent is approximately $5,625/month + HST (including TMI), and utilities average around $1,000/month. The sale includes all equipment, including an 8-doorwalk-in cooler and 3-door freezer, offering a fully set-up, ready-to-operate business. Inventory is not included in the sale price and will be calculated separately. With its prime location, diverse income streams, and strong growth potential, this business represents a rare chance to acquire a well-managed, successful operation in one of Mississauga's most desirable commercial areas. An incredible opportunity for motivated buyers looking to step into a profitable business with multiple revenue sources and room for expansion. Serious inquiries only. Financial statements will be delivered after the accepted offer. All business information provided by the seller.
Location
Province ON
County Peel
Area Peel
Zoning C2
Interior
Cooling Yes
Exterior
Parking Features None
Community Features Major Highway, Public Transit
Utilities Available Yes
Building
Lot Description Lot
Lited by HOMELIFE/MIRACLE REALTY LTD
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