#106 1550 South Gateway Road, Mississauga (Northeast) - Business for Sale
#106 1550 South Gateway Road, Mississauga (Northeast), Ontario, L4W5G6
This business in Mississauga is for sale offering roughly 780 sq ft of space. It has been on the market 62 days, fresher than the Mississauga average of 94 days.
Description
**SALE OF BUSINESS | PROFITABLE & WELL-ESTABLISHED CHINESE FOOD & BBQ** Rare opportunity to own a 20+ year established Chinese Food & BBQ food court business at Dixie Park Centre in Central Mississauga. Approx. $800K annual sales and $180K net profit. Family-owned, owner retiring. Fully operational turnkey unit with chattels and commercial-grade kitchen & hood. Low rent approx. $5,526.10/month including HST & TMI. Strong walk-in, catering and online business. Uber Eats 4.6 with 1,000+ reviews. Seller can provide training. Fully equipped kitchen with commercial BBQ stove and exhaust hood and walk-in cooler & freezer and everything needed for day-to-day operation. Excellent location with high traffic, ample parking and easy access to 401/403/410. Great opportunity with strong potential for further growth! (id:66096)
Property Details
- MLS®
- W13747974
- Property Type
- Business
- Zoning
- Commercial
- Interior Size
- 780 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $1,817.69/yr
- Listed
- 62 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 62 days on market, against an average age of 94 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.
This business in Mississauga (Northeast) has been listed for 62 days, which is 32 days fresher than the city average of 94. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L4W)
This home lists at $99,000, about 0.9× the local median household income of $105,000.
Carrying it typically needs a household income of about $19,338 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $105,000
- Population
- 19,744
- Median age
- 49.2
- Owner / renter
- 78% / 22%
- Avg. household size
- 2.7
Source: Statistics Canada, 2021 Census (FSA L4W)
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$99,000
Mississauga