2425 Truscott Drive 24-25
Mississauga, L5G 2B4
FOR SALE
$249,000
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Sale Of Business
CATEGORY 4,000 Sq Ft
RETAIL AREA W14173870
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Property Description
Rare opportunity to own a well-established restaurant and bar featuring three complementary revenue sources: Champions Off Track betting, a busy bar, and a successful Thai restaurant. Champions Off Track generates approximately $15,000-$18,000/month in commission, while the bar produces approximately $34,000/month in sales and the Thai restaurant generates approximately $37,000/month in sales. Conveniently located in a prime plaza surrounded by a high-density residential community, this business benefits from an established clientele and a strong neighbourhood presence. Despite its multiple revenue streams, the operation is easy to manage with only 2 full-time and 2 part-time employees. The restaurant features a fully equipped commercial kitchen, offering excellent flexibility for an incoming owner to continue the successful Thai concept or convert to virtually any other cuisine. Attractive occupancy costs with rent of only $8,000/month, including TMI and HST. Existing lease offers 2.5 years remaining plus a 5-year renewal option. An exceptional opportunity for an owner-operator or investor looking to acquire an established, multi-revenue business with significant potential. Don't miss out on this rare opportunity! PLEASE DO NOT GO DIRECT. ALL SHOWINGS MUST BE ARRANGED BY APPOINTMENT. DO NOT APPROACH OR SPEAK WITH STAFF OR CUSTOMERS. CONFIDENTIAL SALE.
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Property Details
Address
2425 Truscott Drive 24-25
Community
City
Postal Code
L5G 2B4
Property Type
Sale Of Business, Sale Of Business
Use
Without Property
Zoning
Commercial
Retail Area
4,000 Sq Ft
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
Outside/Surface
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Listing contracted with Homelife/Bayview Realty Inc.
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