$189,000
FOR SALE

Business for Sale

Convenience/Variety

Lot: 44 x 54 ft

3221 Derry Rd #3
Mississauga, ON L5N 7L7 | Meadowvale | Peel

Well-established (27 years) dollar store and post office combo in a busy plaza. Plaza enjoys high traffic due to mature neighborhoods and major retailers (Metro, Rexall, Scotiabank, Tim Hortons). Monthly lease is $9,568 (including TMI), with 3.5 years remaining. The post office has two terminals, and its contract is renewed every two years. Opens 7 days a week (M-F: 9am-9pm, Sat: 9am-6pm, Sun: 11am-5pm). Annual sales (per financial statement) are $355,433, with the post office contributing 64% and groceries 36%. Additionally, the annual lottery commission is $34,599, with other income at $20,092. Annual net profits are $32,038 (the seller's salary has already been deducted) and could be much higher if the owner works at the shop. While the business is stable, the owner is selling due to other commitments. This rare combination presents a stable and guaranteed business opportunity that shouldn't be overlooked.Please don not talk to any person working in the store.
Extras
All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.
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Listed By ROYAL LEPAGE SIGNATURE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W8419694
Last Updated Oct 07, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Convenience/Variety
Franchise Non-Franchise
Category Without Property
PIN 135180914
Occupancy Tenant
Possession Date TBD
Directions/Cross Streets Derry Rd W & Winston Churchhill
Neighbourhood Meadowvale
Area Peel
Price History

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Detailed Information
Lot 44 x 54 ft
Retail Area 2,408 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type Plaza
Days Open 7
Hours Open Varies
LLBO N
Employees 6
Heat Type Gas Forced Air Open
Financial Statement Y
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Unit
Zoning C2 Neighbourhood Commercial
Seller Property Info Statement N

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