Unit 10 223 Ceremonial Drive Mississauga ON L5R 2N3
$ 199,000

Listing ID

#W12686778

Property Type

Sale Of Business

County

Peel

Neighborhood

Hurontario

Days on website

1

Description
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.
Location
Financial Information
List Price:  $ 199000
Property Features
Air Conditioning:  Yes
Approximate Age:  0-5
Garage Type:  Plaza
Heat Type:  Gas Forced Air Open
Sewers:  Sanitary+Storm
Listed By:     CENTURY 21 ATRIA REALTY INC.