$348,000
Available - For Sale
Listing ID: W9267309
347 Lakeshore Rd East , Mississauga, L5G 1H6, Ontario


$4,800 gross rent! (includes TMI), comparable market rents are $10,000 monthly gross. This is Established Italian restaurant in Port Credit with 20+ years of history and loyal customers. Voted best Italian restaurant in Mississauga South and best pasta in Mississauga. Gross sales up to $1 million pre-COVID. Spacious parking lot with 77 spaces for seating with potential for more with a large outdoor patio. with approx. 7 years left on the lease. 4.4-star rating with 550+ Google reviews. Limited hours closed 2 days a week and all mornings offer potential to boost sales with extended hours.
Extras:   Please do not enter bussiness without a showing booked and be discreet of bussiness sale. All existing staff are experienced and reliable to make for an easy transition. Great turn key investment with potential to grow income.
Price $348,000
Taxes: $0.00
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 347 Lakeshore Rd East , Mississauga, L5G 1H6, Ontario
Postal Code: L5G 1H6
Province/State: Ontario
Lot Size: 205.00 x 131.00 (Feet)
Directions/Cross Streets: Lakeshore rd E / Seneca
Category: Without Property
Use: Restaurant
Retail Area: 2500
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Financial Statement: Y
Chattels: Y
Franchise: N
Hours Open: 11am -
Employees #: 10
Seats: 78
LLBO: Y
Washrooms: 4
Clear Height Feet: 14
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS REAL ESTATE ASSOCIATES
Personal Picture
Sherin M Justin, CPA CGA
Sales Representative
Dir:
647-231-8657
Bus:
905-239-9222
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Sale Of Business
Area: Peel
Municipality: Mississauga
Neighbourhood: Port Credit
Style:
Lot Size: 205.00 x 131.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds:
Baths: 4
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years