Apt: 12
Mississauga L5L 3P9

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: Pets No

Financials

Price:C395,000
($281,422)
(€241,160)
505 Park Ave, New York, NY 10022

Exceptional opportunity to own a profitable and well established convenience store located in a high demand, high exposure area within a busy and rapidly growing plaza in Mississauga.

Description

Exceptional opportunity to own a profitable and well-established convenience store located in a high-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, Potlights, 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-year renewal 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-door walk-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.

Amenities

  • Major Highway
  • Public Transit

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.