10
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$175,000
Est. payment /mo
1 BA
Pending
6240 Thorold Stone RD Niagara Falls, ON L2E 6G1
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UPDATED:
02/10/2025 03:11 AM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Pending
Purchase Type For Sale
MLS Listing ID X9367758
Tax Year 2023
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
Location
Province ON
County Niagara
Area Niagara
Interior
Cooling Yes
Listed by ELIXIR REAL ESTATE INC.