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$179,000
Available - For Sale
Listing ID: E12877084
Popular WILD WING location in Pickering, Ontario with provable excellent cash flow. Generating profitable net income. Great Location In Very Busy plaza. Present Owner did many upgrades including New TVs. Provable Sales Of 500K with Lots of opportunities To Grow More. Enjoy great cash flow! 40 Seats To Fit The Guests. A handsome take home profit With a huge potential to grow. Minimal staff to mange and the store has an excellent layout. Excellent ratios in terms of food cost, labor cost and food added with alcohol sales. Easy to Operate. Turnkey Operation. Ideally Situated At The High-Traffic Intersection of Whites and Kingston Rd. Surrounded By Popular Restaurants, Cafes, Shops. Offering Excellent Visibility And Consistent Customer Flow. Unbeatable Location Absentee Owner, LLBO License Offering Liquor, Option To Add Patio License. A Popular Destination For A Wide Variety Of Chicken Wings And Sauces Strong Financial Performance Annual Sales Off 500K. Very Reasonable Rent of $8,696/Month Inc. of HST,TMI and water. Royalty Fee: 4.5% on net payout Advertising Fee: 2%. Potential to be repurposed if buyer wishes to run a different business, (Termination fee may apply ). Seller will be happy to train.
Price $179,000
Taxes: $2,571.53
Tax Type: TMI
Occupancy by: Owner
Address: 570 Kingston Road , Pickering, L1V 1A6, Durham
Postal Code: L1V 1A6
Province/State: Durham
Directions/Cross Streets: Kingston Rd/White Rd
No. of Pieces Level
Washroom 1 0
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Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
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Washroom 26 0
Washroom 27 0
Washroom 28 0
Washroom 29 0
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Washroom 31 0
Washroom 32 0
Washroom 33 0
Washroom 34 0
Washroom 35 0
Category: Without Property
Use: Restaurant
Total Area: 1,500
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: T
Hours Open: 11-11
Employees #: 4
Seats: 40
Maintenance: 0
Heat Type: Fan Coil
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Income Required $ $ $ $

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RE/MAX GOLD REALTY INC.

570 Kingston Road , Pickering, L1V 1A6, Durham

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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Type: Com - Sale Of Business
Area: Durham
Municipality: Pickering
Neighbourhood: Woodlands
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Tax: $2,571.53
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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