$199,000
Unit 2 - 15 Ringwood Dr
Whitchurch-Stouffville, ON L4A 8C1
Unit 2 - 15 Ringwood Dr, Whitchurch-Stouffville — Listed at $199,000, 2 bathroom Sale Of Business. MLS® N12797422.
Description
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.
Property Details
Business Details
Commercial Space & Financials
Industrial Specifications
Listing Courtesy of: RE/MAX MILLENNIUM REAL ESTATE
MLS® #N12797422


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HouseIndex Take: Unit 2 - 15 Ringwood Drive
This sale of business is located in the Stouffville neighbourhood of Whitchurch-Stouffville.
The home offers 2 bathrooms.
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