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$ 175,000
Est. payment | /mo
1 Bath
$ 175,000
Est. payment | /mo
1 Bath
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
State ON
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by ELIXIR REAL ESTATE INC.
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