$529,000 FOR SALE

Business for Sale

Bakery

Total Area: 2,540 ft2

4910 Tomken Rd #1
Mississauga, ON L4W 1J8 | Northeast | Peel

A gold mine high end Italian bakery that is seldom offered with very low rent $7,100 includes TMI, HST. It was a shell unit in the past, but the owner-operator spent more than $375K on upgrades. With these renovations the owner was able to transform the unit into an impressive and profitable bakery. Chattels, equipment's and fixtures, with a value of $260K, are fully paid off by the owner operator of the bakery. The bakery has an updated electrical panel, flooring, walls, equipment's, chattels, light fixtures, bright lights, commercial grade kitchen, exhaust hood and system & much more. After all the expensive renovations, the owner is selling this profitable bakery in 1 sale price which includes more than 10 businesses such as bakery products, catering, buffets, 30 to 50 seats in the bakery for dining in, breakfast, hot lunches, deli, dairy products (ice cream)& an LCBO bar/restaurant. Bakery can be changed to any restaurant Except Indian restaurant.

Extras
Commercial zoning permits wide range of uses as mentioned in client remarks shown above.Recently the Landlord Issued a new 5+5 Lease to tenants.The business is conveniently located with seamless access to major highways & areas of influence

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Listed By HOMELIFE/MIRACLE REALTY LTD
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W7207642
Last Updated Mar 06, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Bakery
Franchise Non-Franchise
Business/Building Name Diana Pasticceria & Coffee Inc
Category Without Property
Legal Description CON 2 NDS PT LT9,43R18079 PT1
Occupancy Owner
Possession Date TBA
Directions/Cross Streets 403/Eglinton/Tomken
Neighbourhood Northeast
Area Peel
Price History
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Detailed Information
Freestanding Y
Bathrooms 3
Retail Area 55 percent
Industrial Area 45 percent
Total Area 2,540 ft2
Elevator None
Air Conditioning Y
Basement N
Chattels Y
Garage Type Plaza
Days Open 7
Hours Open 8.6
LLBO Y
Employees 9
Heat Type Elec Forced Air
Financial Statement N
Area Influences Major Highway, Public Transit
Seats 50
Sprinklers N
Sewers San+Storm
Utilities Y
Water Municipal
Crane N
Rail N
Lot/Bldg/Unit Code Unit
Zoning E2-59
Seller Property Info Statement N

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