6240 Thorold Stone Road, Niagara Falls | Image 1

6240 Thorold Stone Road

Niagara Falls

  • Commercial

$175,000
For Sale

Added 2 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: X9367758

  • Days on Site: 76 Days

  • Added: Sep 25, 2024 (2 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ELIXIR REAL ESTATE INC.

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

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

  • Energy Certificate: N

  • Green Verification Status: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Taxes Type: Annual

Land

  • Cross Street: Thorold Stone Rd/ Po

  • Municipality District: Niagara Falls

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 3

  • 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: Y

  • LLBO: N

Map of 6240 Thorold Stone Road, Niagara Falls
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5096 MONTROSE Road, Niagara Falls | MLS: X10413125
For Sale
1 month ago
$160,000
  • 0 bath
  • 0 bed

5096 MONTROSE Road, Niagara Falls, Ontario • L2H 1K5 • 213 - Ascot