REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 89,000
Est. payment /mo
Price Dropped by $30K
223 Ceremonial DR #10 Mississauga, ON L5R 2N3
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Hurontario
MLS Listing ID W13825712
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
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 $2,544 + 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 Buyer is not required to continue operating under the Kung Fu Tea franchise and may change the business concept or use, subject to landlord approval.
Location
Province ON
County Peel
Area Peel
Interior
Cooling Yes
Building
Building Age 0-5
Others
ParcelsYN No
Listed by CENTURY 21 ATRIA REALTY INC.
GET MORE INFORMATION
We respect your privacy. Your information will not be shared, sold, or rented to anyone except as necessary to facilitate a real estate transaction. By submitting this form, you agree to our Terms of Use and Privacy Policy.