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3037 CLAYHILL ROAD, Mississauga (Cooksville), Ontario

$849,000

4,400 sq ft

MLS® W14155136

$1.47 MILLION in annual revenue WITHOUT selling meat products, beer, or hot food, offering exciting opportunities for expansion! Excellent opportunity to acquire an established, independently operated grocery store in a prime Mississauga location. Situated in a busy plaza alongside McDonald's, Subway and other established businesses, this approximately 4,400 sq. ft. store offers excellent visibility. The business has a database of approximately 8,000 registered customers and a modern setup with equipment and fixtures installed approximately five years ago, including two walk-in coolers and one walk-in freezer. Additional space at the rear offers potential for a meat department, bakery or hot food kitchen, subject to necessary approvals. This is the only store in the plaza with a lottery terminal and alcohol retail license. No franchise royalties! The next owner may continue under the existing name or explore a name change or complete rebranding. Lease in place until 2031, with two additional 5-year renewal options (5+5), potentially extending occupancy until 2041. With established sales, an existing customer database, modern infrastructure and potential to expand product offerings, this is a compelling opportunity for an owner-operator or investor. (id:56426)

MEET PANDYA

Listed by RE/MAX EXCELLENCE REAL ESTATE

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
45,226
Median household income
$95,720
Median home value
$639,555
Owner-occupied
47%
Homes for sale
223
Median list price
$599,000

Source: Statistics Canada 2021, LiveBy

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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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