Price ChangeFor Sale

Unit 10 - 223 Ceremonial Drive
Mississauga, Peel, ON, L5R 2N3

Sale Of Business
TRREB
MLS® Number: W13825712
$89,000List Price
Sale Of BusinessProperty Type
HurontarioCommunity
CafeBusiness Type
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PRICE CHANGED
$89,000
Previously Listed For:
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Listing History

Buy/sell history for 223 Ceremonial Drive 10, Mississauga, ON L5R 2N3

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Description

An exceptional turn-key Kung Fu Tea opportunity located in the highly desirable Hurontario / East Credit neighbourhood. This established neighbourhood plaza benefits from steady daily foot traffic generated by surrounding residential density and professional services. Ideally positioned within approximately 5-7 minute walk to Champlain Trail Public School, St Hilary Elementary School and Fairwind Senior Public School, creating strong afternoon, after-school, evening and weekend demand. A profitable business with strong and loyal community following driving repeat business. Offered with an attractive monthly rent of $2,544 + HST (including TMI and Water) - a rare advantage for a cafe-style operation. Lease in place to May 31, 2027, with 5-year renewal option. Business Transfer Fee $5000 + HST ( shared by existing owner and new owner). The original owner invested over $230,000 in professional build-out, equipments, and brand-compliant setup. A true walk-in, turn-key opportunity - take over and begin operating the very next day after closing. The Buyer is not required to continue operating under the Kung Fu Tea franchise and may change the business concept or use, subject to landlord approval.

Features

No features available

Amenities

No amenities available

Summary

Listing #:W13825712
Property Type:Sale Of Business
Building Age:0-5
Days on CPRB:
Garage:Plaza
Locker:None
On CPRB Since:
Listing Brokerage:CENTURY 21 ATRIA REALTY INC.

Rooms

Details

Property

Property Type:Sale Of Business
Community:Hurontario
Municipality:Peel

Building

Building Age:0-5

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Plaza
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Open

Land

Cross Street:Hurontario & Eglinton

$89,000

List price

Unit 10 - 223 Ceremonial Drive, Mississauga – Sale Of Business for sale