$175,000
FOR SALE

Franchise Business for Sale

Restaurant

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

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:
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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