228 Main Street East, Milton (OM Old Milton) - Business for Sale
228 Main Street East, Milton (OM Old Milton), Ontario, L9T1N9
This business in Milton is for sale offering roughly 2,500 sq ft of space. It has been on the market 13 days, fresher than the Milton average of 62 days.
Description
Excellent opportunity to acquire an established Wings Up! franchise in the heart of Downtown Milton, operated by the same owner for the past 9 years. This high-performing quick-service restaurant generates average monthly sales of approximately $50,000, representing $600,000 in annual revenue, based on 2024, 2025 and 2026 figures. Estimated annual earnings exceed $85,000 + Approx $35,000 in Tips offering attractive income potential for owner-operators or investors, with a potential payback period of less than 2 years. Ideally situated in the vibrant, historic heart of Downtown Milton, this location offers excellent visibility in a highly walkable neighbourhood with strong community appeal. Surrounded by banks, restaurants, cafés, medical services, places of worship and other established businesses, the area attracts a diverse customer base. Tons of dedicated free parking at rear entrance. Main Street East sees approximately 14,000 vehicles daily, providing outstanding exposure. Conveniently located 4 minutes to Highway 401, 10 minutes to Highway 407 and 3 minutes to Milton GO Station. Nearby educational institutions include Milton District High School (2 minutes), Stirling Montessori Academy (4 minutes), Bishop P.F. Reding Catholic Secondary School (4 minutes) and Conestoga College & Wilfrid Laurier University's Milton Campus (8 minutes). Enjoy exceptionally low rent of $6,562.49/month, including TMI, with no escalations until May 2029 and one 5-year renewal option, subject to lease terms. This fully equipped, turnkey operation features an established customer base and strong brand recognition. Ideal for entrepreneurs seeking an established business or investors expanding their portfolio. Don't miss this opportunity to own a Wings Up! franchise in a prime Downtown Milton location. Financial figures are based on 2024, 2025 and 2026 performance. (id:66096)
Property Details
- MLS®
- W14107758
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 2,500 ft²
- Heating
- Forced air
- Cooling
- Fully air conditioned
- Listed
- 13 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 13 days on market, against an average age of 62 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Milton (OM Old Milton) has been listed for 13 days, which is 49 days fresher than the city average of 62. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L9T)
This home lists at $149,000, about 1.2× the local median household income of $126,000.
Carrying it typically needs a household income of about $29,105 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $126,000
- Population
- 110,956
- Median age
- 36.4
- Owner / renter
- 83% / 17%
- Avg. household size
- 3.3
Source: Statistics Canada, 2021 Census (FSA L9T)
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$149,000
Milton