$ 79,900
3437 DERRY ROAD E Mississauga (malton), ON L4T1A8
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In-PersonVirtual Tour
$ 79,900
Est. payment /mo
Active
3437 DERRY ROAD E Mississauga (malton), ON L4T1A8
1,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $53
Subdivision Malton
MLS® Listing ID W10407644
Originating Board Toronto Regional Real Estate Board
Property Description
Very well established mattress and furniture retail business operating since last 10 years located in a highly populated Malton community at a busy corner of Derry Rd and Goreway Drive. It is a very popular mattress and furniture store in the community carrying highly recommended reviews on Google. It retails mattress, furniture, bed sheets, mattress protector, quilt, comforters, blankets, pillows, duvet etc. Spread over an area of 1500 SFT for a mattress and furniture store, displaying 15 models of mattresses and furniture in a very bright and spacious showroom. It is a family operated very profitable business supplied by two dedicated mattress manufacturers producing varieties of high quality mattresses. This business is the sales agent for three reputed furniture importers of Canada. Monthly average sale is $ 25000. The store had many records of previous monthly sales of more than $40,000 with a net income of $10000 in many months of the year. There is huge potential to introduce new home decorations items, beddings accessories along with bed sheets, comforter, blanket, pillows etc. to boost up the sale. Signboards and showroom have been installed with a new LED light system during winter of 2023 costing around $15,000.Current owner wants to sell the business due to health reasons. Leases will be transferred directly. Landlord family is very helpful and cooperative to the tenants and they are very respectful in the society. Location wise rent rate is very attractive. It's a running business with reputation of long 10 years and income generating from the 1st day. (id:24570)
Location
Province ON
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Garage No
View Y/N No
Private Pool No
Listed by DONE DEAL REALTY INC.