3221 Derry RD #3 Active Save Request In-Person Tour Request Virtual Tour
Mississauga (meadowvale),ON L5N7L7
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Meadowvale
MLS Listing ID W8419694
Originating Board Toronto Regional Real Estate Board
Property 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. **** 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:24570)
Location
Province ON
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No