
Pickering, ON L1V 1A6
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.
TRREB MLS® Attribution
MLS® E12877084
Listed by RE/MAX GOLD REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$972
/month · $159,200 mortgage
Amortization
Total Interest
$132,323
Total Cost
$291,523
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX GOLD REALTY INC.