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 (id:13843)
Mls | X9367758 |
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Listing Type | For Sale |
Status | Active |
Days On Site | 73 |
Listing Provided By | ELIXIR REAL ESTATE INC. | RAVI SINGH GODARA |
Baths | 1 Total |
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Zoning | Commercial |
State | ON |
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City | Niagara Falls |
Zip Code | L2E6G1 |
Listing VS Median (in L2E6G1) | |
Price: $175,000 low | high Med: $0 On Site: 73 low | high Med: |