haho.ca
$200,000
For sale

#2 15 Ringwood Drive, Whitchurch-Stouffville (Stouffville) - Business for Sale

#2 15 Ringwood Drive, Whitchurch-Stouffville (Stouffville), Ontario, L4A8C1

2 baths1,283 ft²Listed 28 days ago
Overview

This business in Whitchurch-Stouffville is for sale offering roughly 1,283 sq ft of space. It has been on the market 28 days, fresher than the Whitchurch-Stouffville average of 50 days.

Description

Wild Wing Stouffville presents an outstanding opportunity to acquire a successful, turnkey restaurant in one of Stouffville's busiest commercial corridors. Located in a high-traffic retail plaza with excellent visibility and ample free parking, this well-established franchise benefits from strong brand recognition, a loyal customer base, and multiple revenue channels. Operating under the highly regarded Wild Wing franchise system, the restaurant is known for its extensive selection of signature chicken wings, proprietary sauces, and popular casual dining menu. The business serves customers through dine-in, takeout, and delivery, while its liquor licence adds an important and profitable revenue stream. The premises comprise approximately 1,289 square feet and are fully equipped with quality leasehold improvements, furnishings, and specialized equipment, all maintained to franchise standards. This is a true turnkey operation, ideal for an owner-operator or experienced hospitality entrepreneur looking to step into an established and profitable business. The restaurant generates annual sales exceeding $612,000 and provides an estimated hands-off owner income of approximately $72,000 per year. With a stable lease in place until October 31, 2028, plus a five-year renewal option, the location offers long-term security. Franchise ownership includes comprehensive training, ongoing operational support, and access to proven systems and marketing resources. Royalty fees are 5% of gross sales, with an additional 2% contribution toward national advertising and brand promotion.With strong local demographics, an established customer following, and the backing of one of Canada's most recognized wing brands, this is an exceptional opportunity to own a thriving restaurant in a growing community. The sale includes all chattels, equipment, leasehold improvements, and goodwill necessary for continued success. (id:66096)

Property Details

MLS®
N13872656
Property Type
Business
Business Type
Restaurant
Zoning
Commercial/Retail
Bathrooms
2
Interior Size
1,283 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$14.25/yr
Listed
28 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
28d
Whitchurch-Stouffville (Stouffville) listings, avg age
50d
Price / ft²
$156
List price
$200K

Extended: 28 days on market, against an average age of 50 days across the listings currently for sale in this city

Haho

This business in Whitchurch-Stouffville (Stouffville) has been listed for 28 days, which is 22 days fresher than the city average of 50. Act while there is still low competition.

Listed by RE/MAX MILLENNIUM REAL ESTATE · NITIN R BHUTANI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4A)

This home lists at $200,000, about 1.6× the local median household income of $122,000.

Carrying it typically needs a household income of about $39,067 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$122,000
Population
50,389
Median age
41.6
Owner / renter
88% / 12%
Avg. household size
3

Source: Statistics Canada, 2021 Census (FSA L4A)

$200,000· $156/ft²
For sale

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$200,000

Whitchurch-Stouffville

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