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Johnston & Daniel Real Estate
477 Mount Pleasant Rd
Toronto, ON
M4S 2L9
(View Map)
6240 Thorold Stone Rd Niagara Falls, Ontario L2E 6G1
1 Bathroom
Fully Air Conditioned
$199,999
An exceptional opportunity presents itself to acquire a highly sought-after establishment, one of the rapidly growing franchises in the Chicken Wings industry, WingsUp. Nestled in the heart of the vibrant residential area of Niagara Falls, this well-established and esteemed brand offers immense potential. Set in a prominent location amidst thriving high-density residential surroundings, the restaurant enjoys maximum visibility and heavy footfall. With a commendable weekly gross sales figure of $5-6K, the remarkably low rent of $2100.00 (inclusive of TMI and HST) per month makes this investment proposition all the more appealing. Ideal for an enterprising owner-operator, this enticing location offers great promise. Act swiftly to seize this unique chance as the current owner seeks to relocate. **** 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 (id:51860)
Business
| Business Type | Restaurant |
| Business Sub Type | Restaurant/pub |
Property Details
| MLS® Number | X8209450 |
| Property Type | Business |
Building
| Bathroom Total | 1 |
| Cooling Type | Fully Air Conditioned |
| Utility Water | Municipal Water |
Land
| Acreage | No |
https://www.realtor.ca/real-estate/26716037/6240-thorold-stone-rd-niagara-falls
Rosalin Smith-Carr, B.Sc.
Sales Representative
(416) 409-6896
Interested in this property?
Call/text me at (416) 409-6896 or complete the form below to send me an email. I can provide you with additional information about this listing and/or arrange a private viewing.Calculate Mortgage Payments
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April 08 2024 04:27:36
Toronto Real Estate Board
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