$175,000

FOR SALE

Franchise Business for Sale

Restaurant

6240 Thorold Stone Rd
Niagara Falls, ON L2E 6G1 | Niagara

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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

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Listed By	ELIXIR REAL ESTATE INC.
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X9367758
Last Updated	Sep 25, 2024

Property Summary

Property Type	Business For Sale More like this: Niagara Falls Business For Sale
Use	Restaurant
Franchise	Franchise
Category	Without Property
Occupancy	Owner
Directions/Cross Streets	Thorold Stone Rd/ Portage Rd
Area	Niagara

Price History

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Detailed Information

Bathrooms	1
Retail Area	1,065 ft2
Air Conditioning	Y
Basement	N
Chattels	Y
Garage Type	None
Days Open	7
Hours Open	12
LLBO	N
Employees	3
Heat Type	Gas Forced Air Closd
Financial Statement	Y
Seats	4
Water	Municipal
Lot/Bldg/Unit Code	Unit
Zoning	Commercial
Seller Property Info Statement	N

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