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 |
Price | $175,000 |
Taxes: | $0.00 |
Tax Type: | Annual |
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: | Y |
Chattels: | Y |
Franchise: | Y |
Days Open: | 7 |
Hours Open: | 12 |
Employees #: | 3 |
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. |
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Book Showing | Email a Friend |
Type: | Com - Sale Of Business |
Area: | Niagara |
Municipality: | Niagara Falls |
Neighbourhood: | |
Style: | |
Lot Size: | 0.00 x 0.00(Feet) |
Approximate Age: | |
Tax: | $0 |
Maintenance Fee: | $0 |
Beds: | |
Baths: | 1 |
Garage: | 0 |
Fireplace: | |
Air Conditioning: | |
Pool: |