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 ebitda / net income: approximately $133,000. 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.
Listing IDN12637606
Address15 Ringwood Drive Unit# 2
CityWhitchurch-Stouffville, Ontario
Price$249,800
Bath2 Full
StyleSale Of Business
TypeBusiness
StatusFor Sale
