$175,000
Available - For Sale
Listing ID: X9367758
6240 Thorold Stone Rd , Niagara Falls, L2E 6G1, Ontario
| An exceptional opportunity to acquire a rapidly growing franchise in the popular Chicken Wings industry Wings Up has become available. Located in the bustling residential hub of Niagara Falls, this well-established and highly regarded brand offers incredible potential. Positioned in a prime location with excellent visibility and high foot traffic from the surrounding high-density residential area, the restaurant boasts impressive weekly gross sales of $5-6K.With remarkably low rent at just $2,400 per month (including TMI and HST), this investment is highly attractive. Perfect for an ambitious owner-operator, this promising location offers great growth potential. Don't miss out on this rare opportunity as the current owner is relocating. |
| Extras: Food Cost: Approx. 33-36%, Labour Cost: Approx. 22-25%, LOW RENT - 8-9% Long Term Lease: Existing 8 + 5 + 5 Years Option To Renew, Royalty: 4.5% and 3% Marketing |
| Price | $175,000 |
| Taxes: | $0.00 |
| Tax Type: | Annual |
| Occupancy by: | Owner |
| Address: | 6240 Thorold Stone Rd , Niagara Falls, L2E 6G1, Ontario |
| Postal Code: | L2E 6G1 |
| Province/State: | Ontario |
| Directions/Cross Streets: | Thorold Stone Rd/ Portage Rd |
| Category: | Without Property |
| Use: | Restaurant |
| Retail Area: | 1065 |
| Retail Area Code: | Sq Ft |
| Financial Statement: | Y |
| Chattels: | Y |
| Franchise: | Y |
| Days Open: | 7 |
| Hours Open: | 12 |
| Employees #: | 3 |
| Seats: | 4 |
| LLBO: | N |
| Washrooms: | 1 |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ELIXIR REAL ESTATE INC. |
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Nazila Tavakkolinamin
Sales Representative
Dir:
416-574-5561
Bus:
905-731-2000
Fax:
905-886-7556
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Niagara |
| Municipality: | Niagara Falls |
| Baths: | 1 |
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