$199,000
Available - For Sale
Listing ID: N12797422
15 Ringwood Drive , Whitchurch-Stouffville, L4A 8C1, York
| This offering is for a well-established Traditional Wild Wing Restaurant located in a prime shopping area of Stouffville, Ontario. The business is part of a mature, well-recognized Canadian franchise system specializing in chicken wings, proprietary sauces, and quick-service food products. Proven Concept: The restaurant operates within the casual dining sector, offering a mix of table service, take-out, and delivery options. The establishment is licensed to sell alcohol, providing a diversified revenue stream through food and beverage sales. The premises consist of approximately 1,289 square feet of rentable area situated in a busy project with ample free surface parking. Strong Brand Presence: The "Wild Wing" brand is a leader in its category, supported by a dedicated marketing and promotion fund designed to maximize public recognition. Financial Overview (Normalized): Total Annual Sales: Over $612,000. Annual hands off owner take home: Approximately 72K. The business features high-quality fixtures, furnishings, and specialized equipment required for system standards. The current lease term runs until October 31, 2028, with a 5-year option to extend. Franchise Support: Owners benefit from comprehensive initial training, ongoing operational advisory assistance, and access to a confidential, proprietary operations manual. Ongoing royalties are set at 5% of gross sales, with a 2% contribution to the national marketing fund. The chicken wing market in Canada is mature and highly competitive, making this an ideal acquisition for an owner-operator with strong management skills and business acumen. The sale includes all tangible assets of the franchised business, including leasehold improvements and equipment. |
| Price | $199,000 |
| Taxes: | $14.25 |
| Tax Type: | TMI |
| Occupancy: | Tenant |
| Address: | 15 Ringwood Drive , Whitchurch-Stouffville, L4A 8C1, York |
| Postal Code: | L4A 8C1 |
| Province/State: | York |
| Directions/Cross Streets: | Main/Ringwood |
| 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 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 |
| Category: | Without Property |
| Use: | Restaurant |
| Building Percentage: | F |
| Total Area: | 1283.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Business/Building Name: | Wild Wing |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | T |
| Days Open: | O |
| Hours Open: | 12pm -1 |
| Employees #: | 5 |
| Seats: | 24 |
| Sprinklers: | Yes |
| Washrooms: | 2 |
| Outside Storage: | F |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| RE/MAX MILLENNIUM REAL ESTATE |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | York |
| Municipality: | Whitchurch-Stouffville |
| Neighbourhood: | Stouffville |
| Tax: | $14.25 |
| Baths: | 2 |
| Fireplace: | N |
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