#Unit 1 1165 Derry Road East, Mississauga (Northeast) - Business for Sale
#Unit 1 1165 Derry Road East, Mississauga (Northeast), Ontario, L5T1B6
This business in Mississauga is for sale offering roughly 1,400 sq ft of space. It has been on the market 70 days, fresher than the Mississauga average of 94 days.
Description
Excellent opportunity to own a well-established and profitable pizzeria in a prime Mississauga location on busy Derry Road. This fully operational restaurant is known for authentic Italians tone-oven pizza and has a strong online presence, including 4.5 on Google with 600+ reviews,4.4 on Uber Eats with 4,000+ reviews, and 4.5 on Trip Advisor.Approx. 1,400 sq. ft. with dine-in, takeout and high-volume delivery setup. Sale includes all furniture, chattels, machines and commercial kitchen equipment, plus 6+ rear parking spaces.Surrounded by residential and commercial areas, with excellent exposure from the neighbouring Esso Gas Station and convenient access to Pearson Airport and Highways 401, 407 and 410.Rent is $4,000/month plus $1,000 TMI, with water included. Tenant pays hydro and gas. Existinglease has approximately 2 years remaining, plus a 5-year renewal option.Strong sales, loyal clientele, healthy margins and excellent growth potential through catering,menu expansion and extended hours. Za Cafe Pizzeria has over 740 reviews on Google with a 4.6 rating, and a Uber Eats rating of 4.5. (id:66096)
Property Details
- MLS®
- W13715978
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- E2-45 Commercial/Retail
- Bathrooms
- 1
- Parking
- 6
- Interior Size
- 1,400 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $1,000/yr
- Listed
- 70 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 70 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 70 days, which is 24 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 (L5T)
- Population
- 19
Source: Statistics Canada, 2021 Census (FSA L5T)
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$175,000
Mississauga