$189,000
( )
 $1,015 est/mo Sourced by Back At You

3221 Derry Rd , Mississauga, ON L5N 7L7

Mississauga, ON L5N 7L7

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Description

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.

Details

MLS#W8419694
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site46
Listing Provided ByROYAL LEPAGE SIGNATURE REALTY | Not Provided

Features

ZoningC2 Neighbourhood Commercial
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 1 hour ago
ProvinceON
CountyMississauga
CityMississauga
Postal CodeL5N 7L7
AreaPeel
Community NameMeadowvale
Listing VS Median (in Meadowvale)
Price:
$189,000
low | high
Med:
$0
On Site:
46
low | high
Med:
Sourced by Back At You
Listing Updated: July 16, 2024 at 9:11:59 PM PDT