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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:34792)
Business Type | Restaurant |
Business Sub Type | Restaurant/pub |
MLS® Number | X9367758 |
Property Type | Business |
Bathroom Total | 1 |
Cooling Type | Fully Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Utility Water | Municipal Water |
Acreage | No |
Zoning Description | Commercial |
6 public & 7 Catholic schools serve this home. Of these, 9 have catchments. There are 2 private schools nearby.
6 tennis courts, 4 playgrounds and 9 other facilities are within a 20 min walk of this home.
Street transit stop less than a 1 min walk away. Rail transit stop less than 3 km away.
https://www.realtor.ca/real-estate/27467006/6240-thorold-stone-road-niagara-falls