6240 Thorold Stone Road Niagara Falls, Ontario L2E 6G1
$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:58043)
Business
| BusinessType | Restaurant |
| BusinessSubType | Restaurant/pub |
Property Details
| MLS® Number | X8209450 |
| Property Type | Business |
Building
| BathroomTotal | 1 |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| ZoningDescription | Commercial |
https://www.realtor.ca/real-estate/26716037/6240-thorold-stone-road-niagara-falls
Interested?
Contact us for more information
Ravi Singh Godara
Broker
1065 Canadian Place #207
Mississauga, Ontario L4W 0C2
Mudit Mehta
Broker of Record
1065 Canadian Place #207
Mississauga, Ontario L4W 0C2
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September 04 2024 03:55:22
Toronto Real Estate Board
Elixir Real Estate Inc.