For Sale

6240 Thorold Stone Road, Niagara Falls, Ontario L2E6G1

$175,000

6240 Thorold Stone Road, Niagara Falls, Ontario L2E6G1 is For Sale and has a listing price of 175,000. The property is located in the Stamford neighbourhood. It's been on the website for 50 Days.

  • Business
    Property Type
  • 1
    Bathrooms
  • MLS ID: X9367758
  • Office Name ELIXIR REAL ESTATE INC.,ELIXIR REAL ESTATE INC.
Property Description

An exceptional opportunity to acquire a rapidly growing franchise in the popular Chicken Wings industry Wings Up has become available. Located in the bustling residential hub of Niagara Falls, this well-established and highly regarded brand offers incredible potential. Positioned in a prime location with excellent visibility and high foot traffic from the surrounding high-density residential area, the restaurant boasts impressive weekly gross sales of $5-6K.With remarkably low rent at just $2,400 per month (including TMI and HST), this investment is highly attractive. Perfect for an ambitious owner-operator, this promising location offers great growth potential. Don’t miss out on this rare opportunity as the current owner is relocating. **** 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:43137)

Property Details
  • MLS ID: X9367758
  • Bathrooms: 1
  • Price: $175,000
  • Transaction Types: For Sale
  • Ref ID: 27467006
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
09/25/2024 X9367758 $175,000 For Sale - -
04/05/2024 X8209450 $199,999 For Sale - -
02/07/2024 X8051902 $225,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Stamford
  • $858,511 Average List Price
    based on 1 year
  • 121 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.41 % Up
  • Sold (12mo) 169
  • Rented (12mo) 66

  • 1 Month Change +9.3%
  • 3 Month Change +19.4%
  • 6 Month Change -8.4%
Walkscore
Property Type Distribution
  • All Houses
    80.67%
  • Commercial
    7.86%
  • Condo
    11.23%
  • Land for Sale
    0.24%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 25/09/2024 00:00:00
  • Zoning (49)
  • Agent Name: RAVI SINGH GODARA,RAMANDEEP KAUR BHULLAR
  • Last Updated: 21/10/2024 17:36:10
Open House Dates
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