223, Ceremonial, Hurontario, Mississauga, Commercial

MLS® Number W12686778
For Sale   $ 149,000
  • 710 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Commercial Sale Of Business For Sale.

An exceptional turn-key Kung Fu Tea opportunity located in the highly desirable Hurontario/ East Credit neighbourhood. This established neighbourhood plaza benefits from steady daily foot traffic generated by surrounding residential density and professional services. Ideally positioned within approximately 5-7 minute walk to Champlain Trail Public School, St Hilary Elementary School and Fairwind Senior Public School, creating strong afternoon, after-school, evening and weekend demand. A profitable business with strong and loyal community following driving repeat business. Offered with an attractive monthly rent of $2,485 + HST (including TMI and Water) - a rare advantage for a cafe-style operation. Lease in place to May 31, 2027, with 5-year renewal option. Business Transfer Fee $5000 + HST ( shared by existing owner and new owner). The original owner invested over $230,000 in professional build-out, equipments, and brand compliant setup. A true walk-in, turn-key opportunity - take over and begin operating the very next day after closing.

Cross Street: Hurontario & Eglinton

Business Name: Kung Fu Tea

Key Facts

  • Days on: 42 days
  • Mls Status: Price Change
  • Lot Type: Building
  • Garage Type: Plaza
  • Heat Type: Gas Forced Air Open
  • Cooling: Yes
  • Building Area Total: 710 Square Feet
  • Retail Area: 710 Sq Ft

Location 223, Ceremonial, Hurontario, Mississauga

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Kate Naccarato
Sales Representative 416-779-6085