11-34 Yonge Street South, Springwater | Image 1

11-34 Yonge Street South

Springwater, Elmvale

  • Commercial

$1
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Restaurant

  • Age: No Data

  • MLS®#: S9367921

  • Days on Site: 1 Days

  • Added: Sep 24, 2024 (1 month ago)

  • Updated:

  • Last Checked: 3 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

  • Hours Open: na

  • Days Open: 7

  • Franchise: Y

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 65

  • Financial Statement: Y

  • LLBO: Y

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