#3 788 YONGE Street, Midland - Business for Sale
#3 788 YONGE Street, Midland, Ontario, L4R2E6
This business in Midland is for sale. It has been on the market 10 days, fresher than the Midland average of 98 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®
- 40874026
- Property Type
- Business
- Zoning
- HC
- Basement
- None
- Listed
- 10 days ago
Market Timing
Active: 10 days on market, against an average age of 98 days across the listings currently for sale in this city
This business in Midland has been listed for 10 days, which is 88 days fresher than the city average of 98. 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