24-25 - 2425 TRUSCOTT DRIVE
Mississauga (Clarkson), Ontario
MLS® W14173870
$249,000
- Status
- Active
- Property type
- Business
- MLS® number
- W14173870
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 50Listing description
Rare opportunity to own a well-established restaurant and bar featuring three complementary revenue sources: Champions Off Track betting, a busy bar, and a successful Thai restaurant. Champions Off Track generates approximately $15,000-$18,000/month in commission, while the bar produces approximately $34,000/month in sales and the Thai restaurant generates approximately $37,000/month in sales. Conveniently located in a prime plaza surrounded by a high-density residential community, this business benefits from an established clientele and a strong neighbourhood presence.
Despite its multiple revenue streams, the operation is easy to manage with only 2 full-time and 2 part-time employees. The restaurant features a fully equipped commercial kitchen, offering excellent flexibility for an incoming owner to continue the successful Thai concept or convert to virtually any other cuisine. Attractive occupancy costs with rent of only $8,000/month, including TMI and HST.
Existing lease offers 2. 5 years remaining plus a 5-year renewal option. An exceptional opportunity for an owner-operator or investor looking to acquire an established, multi-revenue business with significant potential.
Don't miss out on this rare opportunity! PLEASE DO NOT GO DIRECT. ALL SHOWINGS MUST BE ARRANGED BY APPOINTMENT.
DO NOT APPROACH OR SPEAK WITH STAFF OR CUSTOMERS. CONFIDENTIAL SALE.
Property summary
- MLS® number
- W14173870
- Property type
- Business
- Leasable Area
- 4,000 sq ft
- Days on market
- 0 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $249,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of HOMELIFE/BAYVIEW REALTY INC., THORNHILL.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.