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$249,900
$299,900For salePrice drop↓ $50,000 (17%)

#8 6740 Davand Drive, Mississauga (Northeast) - Business for Sale

#8 6740 Davand Drive, Mississauga (Northeast), Ontario, L5T2K9

1,347 ft²Listed 91 days ago
Overview

This business in Mississauga is for sale offering roughly 1,347 sq ft of space. It has been on the market 91 days, fresher than the Mississauga average of 95 days.

Description

Turnkey Restaurant Business for Sale - Prime Mississauga Industrial Location! Excellent opportunity to acquire Trisha's South Indian and Sri Lankan Cuisine Restaurant, a well established and respected location located in the heart of Mississauga's busy Dixie & Derry employment district. Surrounded by thousands of employees, warehouses, offices and industrial businesses, this location benefits from strong weekday breakfast and lunch traffic, take-out, catering and repeat clientele. Professionally built-out approximately 1,347 sq. ft. premises featuring a fully equipped commercial kitchen, quality leasehold improvements and all equipment required to continue operations. A true turnkey opportunity for an owner-operator or experienced restaurateur. Current lease in place Low Rental (Net Lease + TMI + HST = $4788.31 Per Month) until November 30, 2029, with assignment subject to landlord approval. Excellent exposure, ample on-site parking and easy access to Highways 401, 410 and 407. Ideal for continuing the existing concept or introducing your own cuisine, subject to landlord approval and applicable municipal requirements. Business only for sale. Real property not included. Please do not approach staff or discuss the sale with employees. Financial information available to qualified buyers upon execution of a confidentiality agreement. (id:66096)

Property Details

MLS®
W13645134
Property Type
Business
Business Type
Restaurant
Zoning
E3
Interior Size
1,347 ft²
Frontage
25 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$5,670.87/yr
Listed
91 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
91d
Mississauga (Northeast) listings, avg age
95d
Price / ft²
$186
List price
$250K

Long Listed: 91 days on market, against an average age of 95 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 (Northeast) has been listed for 91 days, which is 4 days fresher than the city average of 95. Act while there is still low competition.

Listed by CENTURY 21 MILLENNIUM INC. · STEPHEN GROFF

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5T)

Population
19

Source: Statistics Canada, 2021 Census (FSA L5T)

$249,900· $186/ft²
For sale

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$249,900

Mississauga

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