An exceptional opportunity presents itself to acquire a highly sought-after establishment, one of the rapidly growing franchises in the Chicken Wings industry, WingsUp. Nestled in the heart of the vibrant residential area of Niagara Falls, this well-established and esteemed brand offers immense potential. Set in a prominent location amidst thriving high-density residential surroundings, the restaurant enjoys maximum visibility and heavy footfall. With a commendable weekly gross sales figure of $5-6K, the remarkably low rent of $2100.00 (inclusive of TMI and HST) per month makes this investment proposition all the more appealing. Ideal for an enterprising owner-operator, this enticing location offers great promise. Act swiftly to seize this unique chance as the current owner seeks to relocate. **** 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:47423)
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Detailed Information
Bathrooms
1
Listing Contract Date
2024-04-05
Property Type
Business
Transaction Type
For sale
Business
Business Type
Restaurant
Business Subtype
Restaurant/pub
Building
Cooling Type
Fully air conditioned
Utility Water
Municipal water
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