11-34 Yonge Street, Springwater | Image 1

11-34 Yonge Street

Springwater, Elmvale

  • Commercial

$199,000
For Sale

Added 1 week ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Restaurant

  • Age: No Data

  • MLS®#: S11891325

  • Days on Site: 1 Days

  • Added: Dec 12, 2024 (1 week ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: HOMELIFE G1 REALTY INC.

***taxes yet to be assessed***Top 6 Reasons You Will Love This Business: 1) Rewarding business opportunity located in a thriving community, with the potential to be the next proud owner for a Wing N IT franchise. 2) Wing N IT is a renowned Canadian fast-casual restaurant franchise. 3) Enjoy fantastic rent terms and a strong, growing business with excellent cash flow and average yearly sales of more than $450,000, with remaining rental terms & list of chattels available on request. 5.) Longer lease term for 5 + 5 years and have extended options. 6.) Active and Transferrable LLBO License. The brand and reputation are sure to attract loyal customers.

Extras

The lease terms are highly attractive, with 5 + 5 yrs, providing stability and peace of mind. The current monthly rent is $4,449.38, inclusive of HST, & covers water and garbage bills. Heat, hydro, and gas are billed separate.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Springwater

  • Community: Elmvale

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Taxes Type: N/A

Land

  • Cross Street: Yonge Street S & Jo

  • Municipality District: Springwater

  • Zoning: Restaurant

Commercial Specific

  • Retail Area: 2100

  • Retail Area Metric: Sq Ft

  • Days Open: 7

  • Franchise: Y

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 50

  • Financial Statement: Y

  • LLBO: Y

JK-8

Hillsdale Elementary School

Elementary: Public
8.22 km
JK-8

Our Lady of Lourdes Separate School

Elementary: Catholic
0.62 km
JK-8

Wyevale Central Public School

Elementary: Public
9.53 km
JK-8

Huron Park Public School

Elementary: Public
18.14 km
JK-8

Minesing Central Public School

Elementary: Public
15.44 km
JK-8

Huronia Centennial Public School

Elementary: Public
0.18 km
9-12

Georgian Bay District Secondary School

Secondary: Public
18.18 km
9-12

North Simcoe Campus

Secondary: Public
17.16 km
9-12

École secondaire Le Caron

Secondary: Public
20.90 km
9-12

ÉSC Nouvelle-Alliance

Secondary: Catholic
23.69 km
9-12

Elmvale District High School

Secondary: Public
0.14 km
9-12

St Theresa's Separate School

Secondary: Catholic
17.68 km
For Sale
4 months ago
$219,000
  • 1 bath
  • 0 bed

B-24 Yonge Street South, Springwater, Ontario • L0L 1P0 • Elmvale