1/12FMO1B - 100 CITY CENTRE DRIVE, Mississauga (City Centre)
FMO1B - 100 CITY CENTRE DRIVE, Mississauga (City Centre), ON L5B2C9
$379,000 total
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Asset Class
Specialty
Size
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Building class
C
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
88%
About this property
High-volume Egg Club franchise located in the food court at Square One Shopping Centre,one of Ontario's largest and busiest shopping malls.The business is only two years old,with a modern store and newer equipment. Easy to operate and located in an exceptionally high-traffic area,approximately $21,000 in weekly sales (according to the seller) with sales continuing to increase week over week. low food costs and a low franchise fee,with a lease until October 2029.It is currently operated as an absentee-owner business, making it an excellent opportunity for an investor or owner-operator.turnkey High-volume business with newer equipment,a prime location,strong sales,and excellent growth potential. An ideal opportunity for a family or hands-on owner to take over and further grow an already successful operation. (id:66811)
Financial sandbox
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Monthly debt service
$2K
Projected NOI
$21K
Annual cash flow
$293
Cash-on-cash
0.26%
DSCR
1.01
Going-in cap
5.62%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
78,620
Households
32,294
Median income
$100,000
Median age
31.3
Daytime population
82,209
5-yr growth
6.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for FMO1B - 100 CITY CENTRE DRIVE, Mississauga (City Centre).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.