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 |
Price | $199,999 |
Taxes: | $0.00 |
Tax Type: | N/A |
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 |
Category: | Without Property |
Use: | Restaurant |
Retail Area: | 1065 |
Retail Area Code: | Sq Ft |
Financial Statement: | N |
Chattels: | Y |
Franchise: | Y |
Days Open: | 7 |
Hours Open: | 12 |
Employees #: | 2 |
Seats: | 4 |
LLBO: | N |
Washrooms: | 1 |
Heat Type: | Gas Forced Air Closd |
Central Air Conditioning: | Y |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ELIXIR REAL ESTATE INC. |
|
Book Showing | Email a Friend |
Type: | Com - Sale Of Business |
Area: | Niagara |
Municipality: | Niagara Falls |
Baths: | 1 |