Data was last updated 2023-12-19 at 11:26:49 GMT
$529,000

1 4910 Tomken Rd   Mississauga, Ontario

MLS®: W7207642
URL:    
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.
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.

Listing Information

Prop. Type:
Sale Of Business
City:
Mississauga
Status:
Active
MLS® Number:
W7207642
Full Bathrooms:
3
Neighbourhood:
Northeast
Area:
Peel
Province:
Ontario
Listing Date:
Oct 11, 2023
Listing Price:
$529,000
Apartment Number:
1
List Price Code:
For Sale

General Information

Tax Type:
Annual
Lot Code:
Unit
Fin. Statements Available:
N
Franchise?:
N
Freestanding?:
Y
Crane:
N
Industrial Area:
45 %
Retail Area:
55 %
Total Area:
2540.00 Sq Ft
Seats:
50
Possession Terms:
TBA
Tax Year:
2023

Additional Information

Heating Type:
Elec Forced Air
Chattels:
Y
Basement Description:
N
Elevator:
None
Extras:
Commercial zoning permits wide range of uses as me
Garage Type:
Plaza
Utilities Available:
Y

Financial Information

Employees:
9
Days Open:
7
Hours Open:
8.6

Land Information

Sprinklers:
N
Rail:
N
Sewer:
San+Storm
Water Service:
Municipal

Other Information

Business Type:
Bakery
Business Name:
Diana Pasticceria & Coffee Inc
Property Type:
Without Property
Area Influences:
Major Highway, Public Transit
Air Conditioning:
Y
Zoning:
E2-59
Seller Info Statement:
N

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This property is listed by Homelife/Miracle Realty Ltd and provided here courtesy of WB Group. For more information or to schedule a viewing please contact WB Group.
WB Group
Keller Williams Referred Urban Realty, Brokerage
Phone: 416 651-1777
Mobile Phone: 416 651-1777
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Toronto Real Estate Board.