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#101 10 Kingsbridge Garden Circle, Mississauga (Hurontario) - Business for Sale

#101 10 Kingsbridge Garden Circle, Mississauga (Hurontario), Ontario, L5R3K6

2 baths6,500 ft²Listed 45 days ago
Overview

This business in Mississauga is for sale offering roughly 6,500 sq ft of space. It has been on the market 45 days, fresher than the Mississauga average of 52 days.

Description

TURNKEY RESTAURANT ASSET SALE - SMOKEY SAM'S BARBECUE | MISSISSAUGA. Exceptional opportunity to acquire the restaurant business and assets of SMOKEY SAM'S BARBECUE, prominently located along a major Mississauga transit corridor with excellent visibility and accessibility. Asset Sale Only - Land and Building Not Included. This impressive 6,500 sq. ft. restaurant features approximately 175 indoor seats plus a large outdoor patio with approximately 140 seats, offering significant capacity for dine-in, private events, catering and entertainment concepts. The restaurant features a large commercial kitchen and three commercial exhaust hoods measuring approximately 9 ft, 9 ft & 8 ft, along with 2 coolers and 2 freezers. Most restaurant equipment is included in the sale, providing an excellent opportunity for an operator to take over an established, fully equipped restaurant space. Restaurant currently operating 7 days a week. Lease expires December 31, 2030. Landlord will give 5 Years additional term subject to landlord approval for new Buyer. Monthly gross rent including HST: approximately $22,000. Water and hydro included in TMI rent. Tenant pays gas only. Excellent opportunity for restaurant, banquet, entertainment or other permitted food-service concepts, subject to landlord approval and applicable regulations. *** Seller is willing to do In House Finance or STB *** (id:66096)

Property Details

MLS®
W13810784
Property Type
Business
Business Type
Restaurant
Zoning
Commercial
Bathrooms
2
Interior Size
6,500 ft²
Lot Size
6,500 sq ft (0.14 ac)
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$18.01/yr
Listed
45 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
45d
Mississauga (Hurontario) listings, avg age
52d
Price / ft²
$0
List price
$1

Extended: 45 days on market, against an average age of 52 days across the listings currently for sale in this city

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This business in Mississauga (Hurontario) has been listed for 45 days, which is 7 days fresher than the city average of 52. Act while there is still low competition.

Listed by ROYAL LEPAGE PINNACLE REAL ESTATE · FARIS AL-HOYIDY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5R)

Median household income
$99,000
Population
37,022
Median age
42
Owner / renter
74% / 26%
Avg. household size
2.9

Source: Statistics Canada, 2021 Census (FSA L5R)

$1· $0/ft²
For sale

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Financing

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Mississauga

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