6240 THOROLD STONE ROAD Active

Niagara Falls,ON L2E6G1

$ 175000

- Bed

1 Bath

0 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID X9367758

Originating Board Toronto Regional Real Estate Board

Property Description

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:24570)

Location

Province ON

Interior

Heating Forced air

Cooling Fully air conditioned

Exterior

Garage No

Waterfront No

View Y/N No

Private Pool No

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