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Hurontario, Mississauga, ON L5R 2N3
$149,000
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.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.