3 - 3221 Derry Road Mississauga (Meadowvale), Ontario L5N 7L7
$189,000
Well-established (27 years) dollar store and post office combo in a busy plaza. Plaza enjoys high traffic due to mature neighborhoods and major retailers (Metro, Rexall, Scotiabank, Tim Hortons). Monthly lease is $9,568 (including TMI), with 3.5 years remaining. The post office has two terminals, and its contract is renewed every two years. Opens 7 days a week (M-F: 9am-9pm, Sat: 9am-6pm, Sun: 11am-5pm). Annual sales (per financial statement) are $355,433, with the post office contributing 64% and groceries 36%. Additionally, the annual lottery commission is $34,599, with other income at $20,092. Annual net profits are $32,038 (the seller's salary has already been deducted) and could be much higher if the owner works at the shop. While the business is stable, the owner is selling due to other commitments. This rare combination presents a stable and guaranteed business opportunity that shouldn't be overlooked.Please don not talk to any person working in the store. **** EXTRAS **** All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence. (id:52603)
Business
| Business Type | Retail and Wholesale |
| Business Sub Type | Convenience store |
Property Details
| MLS® Number | W8419694 |
| Property Type | Business |
| Community Name | Meadowvale |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 54 Ft |
| Size Frontage | 44 Ft |
| Size Irregular | Unit=44 X 54 Ft |
| Size Total Text | Unit=44 X 54 Ft |
| Zoning Description | C2 Neighbourhood Commercial |
https://www.realtor.ca/real-estate/27014115/3-3221-derry-road-mississauga-meadowvale-meadowvale
201-30 Eglinton Ave West
Mississauga, Ontario L5R 3E7
(905) 568-2121
(905) 568-2588
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September 04 2024 02:46:21
Toronto Real Estate Board
Royal LePage Signature Realty