Business For Sale · Retail

2076 SHEROBEE ROAD, Mississauga (Cooksville)

2076 SHEROBEE ROAD, Mississauga (Cooksville), ON L5A4C4

$129,000 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

88%

About this property

Extremely Well Established Tuckshop Convenience Store Nestled in Highrise Apartment Building In Mississauga.Original Owners Have Been Operating Over 10 Years And Now Want to Retire.6 Days, Short Hours 10Am Till 9Pm.Carrying Beer, Wine, Cigarettes And Grocery Items.Annual Net Income Approximately $70,000~ $80,000 As Per Vendor.Lottery Commission More Or Less $1,000, Extra Income From ATM.Rent Around $2, 650 (TMI, HST, Utility Included)Great Opportunity To Increase Sales And Income If Opening Hour Is Extended And Open 7 Days.Do Not Miss Out This Once In A Blue Moon Opportunity.Any Unauthorized Visit Is Absolutely Not Allowed.Ample Parking Spaces Outside. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$129K
Down payment30% · $39K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$596

Projected NOI

$7K

Annual cash flow

$292

Cash-on-cash

0.76%

DSCR

1.04

Going-in cap

5.77%

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

124,767

Households

50,549

Median income

$91,500

Median age

44.5

Daytime population

172,885

5-yr growth

3%

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

Secure deal room

Confidential diligence documents for 2076 SHEROBEE ROAD, Mississauga (Cooksville).

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.