$175,000
( )
 $939 est/mo Sourced by Back At You

6240 Thorold Stone Road , Niagara Falls, ON L2E 6G1

Niagara Falls, ON L2E 6G1

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Description

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. 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. 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

Details

MLS#40654625
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Days On Site41
Listing Provided ByELIXIR REAL ESTATE INC | Mudit Mehta

Features

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 5 minutes ago
ProvinceON
CountyNiagara
CityNiagara Falls
Postal CodeL2E 6G1
AreaNiagara Falls
Listing VS Median (in L2E 6G1)
Price:
$175,000
low | high
Med:
$0
On Site:
41
low | high
Med:
Sourced by Back At You
Listing Updated: September 27, 2024 at 8:33:25 PM PDT