Personal Pic

Milad Akrami

Sales Representative
Soltanian Real Estate, Brokerage Independently owned and operated. 175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9 Cell: 647-678-7799Office: 647-678-7799

$199,000
Available - For Sale
Listing ID: E12877084
570 Kingston Road , Pickering, L1V 1A6, Durham


Popular WILD WING location in Pickering, On. 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 $199,000
Taxes: $2571.53
Tax Type: TMI
Occupancy: Owner
Address: 570 Kingston Road , Pickering, L1V 1A6, Durham
Postal Code: L1V 1A6
Province/State: Durham
Directions/Cross Streets: Kingston Rd/White Rd
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Without Property
Use: Restaurant
Total Area: 1500.00
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
Washrooms: 0
Heat Type: Fan Coil
Central Air Conditioning: Yes
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX GOLD REALTY INC.
Personal Picture
Milad Akrami
Sales Representative
Dir:
647-678-7799
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647-678-7799
 
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At a Glance:
Type: Com - Sale Of Business
Area: Durham
Municipality: Pickering
Neighbourhood: Woodlands
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $2,571.53
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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