Price: $587,000

501 Towerhill Road, Peterborough, ON K9H 7S3

This business, under family ownership since 2009, is a prime opportunity poised for immediate profitability. Situated in a bustling plaza in a burgeoning neighborhood, it has weathered economic challenges, proving its resilience. With indoor and outdoor seating, including a stellar patio, attracting a diverse crowd. Securing the lease until 2030 with favorable terms adds to its appeal, with the flexibility to adjust the menu and pricing.It's a thrilling prospect waiting for the right investor to seize. The seller is committed to facilitating a seamless transition, offering training to ensure buyers hit the ground running and a fully trained staff allowing new ownership to turn key and start profiting. Extensive updates have been made, with all equipment owned and in excellent condition, valued at over $150,000 and some still under warranty. Low rent and franchise fees further sweeten the deal. Ample parking and easy accessibility enhance its appeal, while the meticulously organized and clean environment, along with well-trained staff, ensure a top-notch experience for regular and repeat customers. Recent replacements of HVAC and major equipment, coupled with high-end security systems, underscore the business's commitment to quality and safety. **EXTRAS** Presenting a rare chance to acquire a turnkey Wild Wing franchise nestled in a prime location. This thriving business is not just successful; it's a testament to organization, strategic placement, and unwavering appeal.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

2552 Square Feet

List Price

$587,000

Gross Income

N/A

Annual Taxes

$0

Tax year

2024

Business Type

Restaurant

Years in Business

N/A

Location

Peterborough, ON

Status

Pending

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

Financial Verification

All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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