Business For Sale · Specialty

105 CITY CENTRE Drive Unit# 1, Mississauga

105 CITY CENTRE Drive Unit# 1, Mississauga, ON L5B2C9

$199,999 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

89%

About this property

Great Opportunity To Own A Well-established Franchise Restaurant In A Prime Mississauga Location inside SQUARE ONE MALL! This Thriving Business Is Strategically Located In A Busy, Surrounded By Residential Neighborhoods, And other major Amenities offering Excellent Exposure And Walk-in Traffic. The QSR Restaurant Features A Fully Equipped, Modern Kitchen with Approximately 4 ft Hoods, and High-quality Appliances. Rent $11,183 including HST , Approximately 660 SQ FT, Royalty 9% ,Remaining lease 1 year with option to renew and negotiate And Minimal Overhead Make This An Extremely Attractive And Sustainable Business. Ample Parking And Great Signage Visibility Contribute To Ongoing Customer Growth And Retention. The Business Benefits From A Loyal Customer Base, Positive Word-of-mouth, Strong Franchise support, And Growing Demand In The Mall. Full Training And Transitional Support Will Be Provided To Ensure A Smooth Handover To The New Owner. Whether You're An Experienced Restaurateur Or A Motivated Entrepreneur, This Is A Rare Chance To Take Ownership Of A Successful Food Operation In One Of Mississauga Most Desirable Commercial Areas. Can be converted into another Brand. Don't Miss Out opportunities Like This Are Rare! Call listing agent to book your showings. (id:66811)

Financial sandbox

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Estimate
Purchase price$200K
Down payment30% · $60K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$924

Projected NOI

$12K

Annual cash flow

$917

Cash-on-cash

1.53%

DSCR

1.08

Going-in cap

6.00%

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

56,859

Households

25,528

Median income

$67,000

Median age

40.5

Daytime population

62,751

5-yr growth

2.3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 105 CITY CENTRE Drive Unit# 1, Mississauga.

NDA required
  • 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.