120,1-5602 Tenth Line West, Mississauga | Image 1

120,1-5602 Tenth Line West

Mississauga, Churchill Meadows

  • Commercial

$489,900
For Sale

Added 6 days ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Grocery/Supermarket

  • Zoning: Commercial

  • Age: No Data

  • Taxes: 12.11

  • MLS®#: W10425932

  • Days on Site: 5 Days

  • Added: Nov 14, 2024 (6 days ago)

  • Updated:

  • Last Checked: 6 hours ago

  • Listed By: CENTURY 21 PEOPLE`S CHOICE REALTY INC.

Excellent Opportunity To Own Established & Unique Grocery & Discount/Variety Store In A Busy Plaza With Heavy Traffic & Great Exposure. Neighboring with Tim Hortons, TD bank, Pizza Pizza, Shoppers and many more. Higher Gross Sale Of around $900K Yearly With The Net Profit Of Around $170K + Owners Salaries. 2 larger units with Total 4312 Sq. Ft. Lower rent of $11,698 including TMI & HST With the lease term ending August 2028 with option to renew. Pak/Ind/Arab/English Grocery, Lotto, Western Union & Discount Items, Option to add Halal meat. Inventory isn't included and will be on cost price. Absolutely Turnkey Business, Won't last, Just View & Buy!!

Extras

This Is The Share Sale. Financial Info, List Of Chattels/Fixtures Available For Serious Buyers with CA. Full Training Will Be Provided.

Property

  • Status: Sale

  • Type: Grocery/Supermarket

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Mississauga

  • Community: Churchill Meadows

  • Availability Date: Flexible

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Taxes: $12

  • Taxes Type: T.M.I.

Land

  • Cross Street: Tenth Line & Thomas

  • Municipality District: Mississauga

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 4

  • Retail Area: 4100

  • Retail Area Metric: Sq Ft

  • Total Area: 4312

  • Total Area Metric: Sq Ft

  • Hours Open: 10am-9p

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Financial Statement: Y

  • LLBO: N

JK-6

Castlebridge Public School

Elementary: Public
1.37 km
JK-8

St Faustina Elementary School

Elementary: Catholic
0.52 km
JK-8

St. Bernard of Clairvaux Catholic Elementary School

Elementary: Catholic
1.49 km
JK-5

McKinnon Public School

Elementary: Public
1.27 km
6-8

Ruth Thompson Middle School

Elementary: Public
0.88 km
JK-6

Churchill Meadows Public School

Elementary: Public
0.24 km
9-12

Applewood School

Secondary: Public
0.21 km
9-12

Peel Alternative West ISR

Secondary: Public
3.00 km
9-12

West Credit Secondary School

Secondary: Public
2.99 km
9-12

St. Joan of Arc Catholic Secondary School

Secondary: Catholic
0.69 km
9-12

Meadowvale Secondary School

Secondary: Public
2.48 km
9-12

Stephen Lewis Secondary School

Secondary: Public
0.21 km
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