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$189,000
Available - For Sale
Listing ID: W8419694
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.
Price $189,000
Taxes: $0
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 3221 Derry Rd , Unit 3, Mississauga, L5N 7L7, Ontario
Apt/Unit: 3
Postal Code: L5N 7L7
Province/State: Ontario
Lot Size: 44 x 54 (Feet)
Directions/Cross Streets: Derry Rd W & Winston Churchhill
Zoning: C2 Neighbourhood
Category: Without Property
Use: Convenience/Variety
Retail Area: 2408
Retail Area Code: Sq Ft
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: Varies
Employees #: 6
Seats: 0
LLBO: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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ROYAL LEPAGE SIGNATURE REALTY

3221 Derry Rd , Unit 3, Mississauga, L5N 7L7, Ontario


 
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Type: Com - Sale Of Business
Area: Peel
Municipality: Mississauga
Neighbourhood: Meadowvale
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Lot Size: 44.00 x 54.00(Feet)
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