#3 788 Yonge Street, Midland - Business for Sale
#3 788 Yonge Street, Midland, Ontario, L4R2E6
This business in Midland is for sale offering roughly 2,870 sq ft of space. It has been on the market 9 days, fresher than the Midland average of 99 days.
Description
WING 'N IT Business in Midland, ON is For Sale. Located at the busy intersection of Yonge St & King St, in a high-traffic commercial area with excellent visibility and exposure. Surrounded by established residential neighbourhoods, schools, offices, banks, retail stores, restaurants, major amenities and much more. Monthly Sales: Approx. $36,000-$40,000. Rent: $4,500/month including TMI & HST, Lease Term: 10 years with renewal option, Store Area: 2,870 Sq. Ft., Royalty: 4%, Advertising: 2%, Utilities: approximately $700-$900/month. Excellent franchise restaurant business with a spacious dining area and great potential to grow sales even further. (id:66096)
Property Details
- MLS®
- S14120842
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- HC
- Interior Size
- 2,870 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 9 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 9 days on market, against an average age of 99 days across the listings currently for sale in this city
This business in Midland has been listed for 9 days, which is 90 days fresher than the city average of 99. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L4R)
This home lists at $299,999, about 4.3× the local median household income of $70,500.
Carrying it typically needs a household income of about $58,600 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $70,500
- Population
- 19,245
- Median age
- 50.4
- Owner / renter
- 68% / 32%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA L4R)
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$299,999
Midland