For Sale - 2425 Truscott Drive Unit# 24-25, Mississauga, Ontario

Est payment $1,196/mo
Views   1
Time on Jump  1 day
  • Established business with three revenue streams: off-track betting, a bar, and a Thai restaurant.
  • Reported monthly income includes betting commissions, bar sales, and restaurant sales.
  • Fully equipped commercial kitchen supports the current menu or a different cuisine.
  • Located in a high-density residential area with an established clientele.
  • Lease has 2.5 years remaining, a five-year renewal option, and $8,000 monthly rent including TMI and HST.



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.
Listing IDW14173870
Address2425 Truscott Drive Unit# 24-25
CityMississauga, Ontario
Price$249,000
StyleSale Of Business
TypeBusiness
StatusFor Sale
Subtype Sale Of BusinessHeating / Cooling Gas Forced Air Closed
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Listing Brokerage: HOMELIFE/BAYVIEW REALTY INC.

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2425 Truscott Drive Unit# 24-25
Mississauga , Ontario
$249,000
Get more info