3 - 3221 Derry Road Mississauga, Ontario L5N 7L7
$100,000
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 post office contributing 64% and groceries 36%. Additionally, annual lottery commission is $34,599, with other income at $20,092. Annual net profits are $32,038, 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. **** 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:49542)
Business
| Business Type | Retail and Wholesale |
| Business Sub Type | Convenience store |
Property Details
| MLS® Number | W8419694 |
| Property Type | Business |
| Community Name | Lisgar |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Irregular | Unit=44 X 54 Ft |
| Size Total Text | Unit=44 X 54 Ft |
https://www.realtor.ca/real-estate/27014115/3-3221-derry-road-mississauga-lisgar
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June 08 2024 03:30:55
Toronto Real Estate Board