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Valeria Zhibareva

Broker
Re/Max Realty Enterptises Inc., Brokerage, Brokerage Independently owned and operated. 1697 Lakeshore Rd W , Mississauga, Ontario L5J 1J4 Cell: 905-599-8574Office: 905-855-2200Fax: 905-855-2201

$199,999
Available - For Sale
Listing ID: X8209450
6240 Thorold Stone Rd , Niagara Falls, L2E 6G1, Ontario


An exceptional opportunity presents itself to acquire a highly sought-after establishment, one of the rapidly growing franchises in the Chicken Wings industry, WingsUp. Nestled in the heart of the vibrant residential area of Niagara Falls, this well-established and esteemed brand offers immense potential. Set in a prominent location amidst thriving high-density residential surroundings, the restaurant enjoys maximum visibility and heavy footfall. With a commendable weekly gross sales figure of $5-6K, the remarkably low rent of $2100.00 (inclusive of TMI and HST) per month makes this investment proposition all the more appealing. Ideal for an enterprising owner-operator, this enticing location offers great promise. Act swiftly to seize this unique chance as the current owner seeks to relocate.
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 $199,999
Taxes: $0.00
Tax Type: N/A
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: N
Chattels: Y
Franchise: Y
Days Open: 7
Hours Open: 12
Employees #: 2
Seats: 4
LLBO: N
Washrooms: 1
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ELIXIR REAL ESTATE INC.
Personal Picture
Valeria Zhibareva
Broker
Dir:
905-599-8574
Bus:
905-855-2200
Fax:
905-855-2201
 
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At a Glance:
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:
Locatin Map:
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