4 - 570 KINGSTON ROAD, Pickering (Woodlands), Ontario, L1V1A6

Property Description

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. (id:64974)

Quick Facts

• Property Type: Business
• Bedrooms: None
• Bathrooms: None
• Living Area: 1,500 sq ft (139.4 m²)

Costs

• Annual Taxes: $2,571.53

Listing Provided by: RE/MAX GOLD REALTY INC.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.