Business For Sale · Specialty

#2 - 55 DUNDAS STREET E, Mississauga (Cooksville)

#2 - 55 DUNDAS STREET E, Mississauga (Cooksville), ON L5A1W1

$75,000 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

US — Urban Services

$ / SF

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Occupancy

99%

About this property

Excellent Opportunity To Acquire A Well Established Cellphone And Computer Sales And Repair Business In Mississauga For Only $75,000! Originally Established In 2003 And Operated By The Current Owner Since 2009. Owner Is Now Retiring After 17 Years. Located On Dundas Street East And Hurontario Street, This 750 Sq. Ft. Business Offers Mobile Phone Sales & Repairs, Computer And Laptop Sales & Repairs, Electronics Accessories And Related Services. Additional Basement Space Included With 8 Ft. High Ceilings, Providing Extra Storage And Usable Space. Asking Price Reflects The Value Of Existing Leasehold Improvements And Inventory, Offering An Excellent Opportunity To Take Over A Long Established Business Without The Cost And Time Of Setting Up A New Location. Suitable For An Owner Operator Or Entrepreneur Looking To Enter or Expand In The Mobile Phone & Computer Retail And Repair Industry. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$75K
Down payment30% · $23K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$346

Projected NOI

$5K

Annual cash flow

$839

Cash-on-cash

3.73%

DSCR

1.20

Going-in cap

6.66%

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

77,792

Households

36,947

Median income

$98,500

Median age

44.2

Daytime population

109,482

5-yr growth

8.7%

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

Secure deal room

Confidential diligence documents for #2 - 55 DUNDAS STREET E, 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.