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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$149,000
Available - For Sale
Listing ID: W12686778
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.
Price $149,000
Taxes: $0
Tax Type: TMI
Occupancy by: Tenant
Address: 223 Ceremonial Drive , Mississauga, L5R 2N3, Peel
Postal Code: L5R 2N3
Province/State: Peel
Legal Description: PCL BLOCK 113-1, SEC 43M738 ; BLK 113, P
Directions/Cross Streets: Hurontario & Eglinton
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Category: Without Property
Use: Cafe
Building Percentage: F
Total Area: 710
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Approximatly Age: 0-5
Business/Building Name: Kung Fu Tea
Financial Statement: F
Chattels: T
Franchise: T
Days Open: O
Hours Open: Sun - T
Employees #: 5
Seats: 8
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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CENTURY 21 ATRIA REALTY INC.

223 Ceremonial Drive , Mississauga, L5R 2N3, Peel

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Stan Khurana
Sales Representative
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6473836000
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Type: Com - Sale Of Business
Area: Peel
Municipality: Mississauga
Neighbourhood: Hurontario
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Approximate Age: 0-5
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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