Mississauga, ON L5N7L7 3 - 3221 DERRY ROAD
$189,000
5 more
Presented By: ROYAL LEPAGE SIGNATURE REALTY
Home Details
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:7434)
Presented By: ROYAL LEPAGE SIGNATURE REALTY
Interior Features for 3 - 3221 DERRY ROAD
Other Interior Features
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeOther
General for 3 - 3221 DERRY ROAD
Building Cooling TypeFully air conditioned
Business Sub TypeConvenience store
Business TypeRetail and Wholesale
CommunityNameMeadowvale
Location DescriptionDerry Rd W & Winston Churchhill
Property TypeBusiness
Zoning DescriptionC2 Neighbourhood Commercial
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty