4 - 570 Kingston Road, Pickering, Ontario L1V 1A6

Listed for:
$199,000
0 beds
0 baths
Listed 37 days ago
4 - 570 Kingston Road, Pickering, Ontario L1V 1A6

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About

Kingston Rd/White Rd 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:27476)

Property Highlights

MLS® Number
E12877084
Type
Business
Community Name
Woodlands

Building

Square Footage
1500 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Coil Fan
Heating Fuel
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
RE/MAX GOLD REALTY INC.
MLS® number:
E12877084
Agent:
Sunny Mahmood
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Street Spotlight - For sale