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Mississauga, ON L5B 4L2
Price
$849,000
Building Size
4,400 sq ft
MLS# W14155136 | Listed by RE/MAX EXCELLENCE REAL ESTATE
Business Details
Business Type
Grocery/Supermarket
Property Use
Without Property
Hours / Days
Open 7 Days
Franchise
No
Commercial Space & Financials
Retail Area
4,400 sq ft
Industrial Specifications
Lot Size
507.3' × 252.99'
Structure
Freestanding
Property Description
$1.47 MILLION in annual revenue WITHOUT selling meat products, beer, or hot food, offering exciting opportunities for expansion! Excellent opportunity to acquire an established, independently operated grocery store in a prime Mississauga location. Situated in a busy plaza alongside McDonald's, Subway and other established businesses, this approximately 4,400 sq. ft. store offers excellent visibility. The business has a database of approximately 8,000 registered customers and a modern setup with equipment and fixtures installed approximately five years ago, including two walk-in coolers and one walk-in freezer. Additional space at the rear offers potential for a meat department, bakery or hot food kitchen, subject to necessary approvals. This is the only store in the plaza with a lottery terminal and alcohol retail license. No franchise royalties! The next owner may continue under the existing name or explore a name change or complete rebranding. Lease in place until 2031, with two additional 5-year renewal options (5+5), potentially extending occupancy until 2041. With established sales, an existing customer database, modern infrastructure and potential to expand product offerings, this is a compelling opportunity for an owner-operator or investor.
Price & Status History
Price history is locked
Location
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3037 Clayhill Road, Mississauga L5B 4L2
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Listing Courtesy of: RE/MAX EXCELLENCE REAL ESTATE
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