Unit -163 1st Street, Orangeville | Image 1

Unit -163 1st Street

Orangeville, Orangeville

  • Commercial

$149,900
For Sale

Added 1 week ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: W10409319

  • Days on Site: 1 Days

  • Added: Nov 04, 2024 (1 week ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: HOMELIFE/MIRACLE REALTY LTD

Great opportunity to own a growing fast food franchise restaurant in Orangeville, ideal for a person who wants to be his/her own boss or invest in a growing Canadian brand. WingsUp has 30+ locations across Ontario & is expanding to BC/Alberta/USA soon. Good front signage/exposure and traffic count; across the street from Metro, Shoppers Drug Mart, Marshalls, TD Bank; located just off Highway 10. Ample customer parking and visibility. Fully equipped kitchen & very easy operations for first time investor/restaurant owner. Dine-in capacity of 12+; business model is primarily takeout. Excellent 3rd party app business (SkipTheDishes, UberEats). Easy operations. Huge potential to grow sales by adding LLBO & Delivery. *Sale of business only.*

Extras

Seller willing to provide training/support to the Buyer. Low royalties (4.5%) and national ad fund contribution 3%. Extremely low base rent of $1742/mth+HST & TMI. Good appraisal value - easy to secure financing.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Orangeville

  • Community: Orangeville

  • Availability Date: Anytime

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Plaza

Fees

  • Tax Year: 2023

  • Taxes Type: N/A

Land

  • Cross Street: Highway 10 & first s

  • Municipality District: Orangeville

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 2

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 1100

  • Total Area Metric: Sq Ft

  • Hours Open: 11AM-10

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 12

  • Financial Statement: Y

  • LLBO: N

JK-8

St Peter Separate School

Elementary: Catholic
2.12 km
JK-8

Princess Margaret Public School

Elementary: Public
1.93 km
JK-8

Mono-Amaranth Public School

Elementary: Public
1.85 km
JK-8

Credit Meadows Elementary School

Elementary: Public
1.61 km
JK-8

St Benedict Elementary School

Elementary: Catholic
1.25 km
JK-8

Princess Elizabeth Public School

Elementary: Public
1.29 km
11-12

Dufferin Centre for Continuing Education

Secondary: Public
1.12 km
9-12

Erin District High School

Secondary: Public
17.12 km
9-12

Robert F Hall Catholic Secondary School

Secondary: Catholic
20.12 km
Pre-Grade 9-12

Centre Dufferin District High School

Secondary: Public
18.89 km
9-12

Westside Secondary School

Secondary: Public
3.32 km
Pre-Grade 9-12

Orangeville District Secondary School

Secondary: Public
0.83 km
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