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$175,000
Available - For Sale
Listing ID: X9367758
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
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
Zoning: Commercial
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
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.

6240 Thorold Stone Rd , Niagara Falls, L2E 6G1, Ontario


 
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Type: Com - Sale Of Business
Area: Niagara
Municipality: Niagara Falls
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