6240 Thorold Stone Road, Niagara Falls | Image 1

6240 Thorold Stone Road

Niagara Falls

  • Commercial

$199,999
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: X8209450

  • Added: Apr 05, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: ELIXIR REAL ESTATE INC.

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

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Niagara Falls

Inside

  • Bathrooms: 1

  • Air Conditioning: Y

  • Washrooms: 1

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Green Verification Status: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Taxes Type: N/A

Land

  • Cross Street: Thorold Stone Rd/ Po

  • Municipality District: Niagara Falls

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 2

  • Retail Area: 1065

  • Retail Area Metric: Sq Ft

  • Hours Open: 12

  • Days Open: 7

  • Franchise: Y

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 4

  • Financial Statement: N

  • LLBO: N

Map of 6240 Thorold Stone Road, Niagara Falls
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