6240 Thorold Stone Road Niagara Falls, Ontario L2E 6G1
$175,000
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 (id:47351)
Business
| BusinessType | Restaurant |
| BusinessSubType | Restaurant/pub |
Property Details
| MLS® Number | X9367758 |
| 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/27467006/6240-thorold-stone-road-niagara-falls
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September 25 2024 10:22:21
Toronto Real Estate Board
Elixir Real Estate Inc.