4 - 570 KINGSTON ROAD, Pickering (Woodlands)

$119,000

For sale: Other

Other at 4 - 570 KINGSTON ROAD, Pickering (Woodlands)
Property type
Sale Of Business
MLS®
MLS® E14093768
Neighbourhood
Woodlands

Popular WILD WING location in Pickering, Ontario with provable excellent cash flow. Generating profitable net income. Great Location In Very Busy plaza. Present Owner did many upgrades including New TVs. Provable Sales Of 500K with Lots of opportunities To Grow More. Enjoy great cash flow! 40 Seats To Fit The Guests. A handsome take home profit With a huge potential to grow. Minimal staff to mange and the store has an excellent layout. Excellent ratios in terms of food cost, labor cost and food added with alcohol sales. Easy to Operate. Turnkey Operation. Ideally Situated At The High-Traffic Intersection of Whites and Kingston Rd. Surrounded By Popular Restaurants, Cafes, Shops. Offering Excellent Visibility And Consistent Customer Flow. Unbeatable Location Absentee Owner, LLBO License Offering Liquor, Option To Add Patio License. A Popular Destination For A Wide Variety Of Chicken Wings And Sauces Strong Financial Performance Annual Sales Off 500K. Very Reasonable Rent of $8,696/Month Inc. of HST,TMI and water. Royalty Fee: 4.5% on net payout Advertising Fee: 2%. Potential to be repurposed if buyer wishes to run a different business, (Termination fee may apply ). Seller will be happy to train

Sold data

Homes in Woodlands — recent sold market

Homes in Woodlands took a median of 17 days to sell over the last 730 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 40, across 48 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 31 days.

The median sale price was $854,450.

Homes sold for about 2.4% below asking on average, so there was room to negotiate.

About 25% of sales closed above the list price.

Around 10% of sellers reduced their price before finding a buyer.

Median days to sell
17
Median sale price
$854,450
Sale-to-list ratio
97.6%
Sold above asking
25%

Based on 48 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Pickering (Woodlands)

Pickering (Woodlands) has 23 Fraser Institute–rated schools (20 elementary and 3 secondary), averaging 6.6/10.

Rated schools
23
Elementary
20
Secondary
3
Average rating
6.6 / 10

Top-rated schools in Pickering (Woodlands)

  • William Dunbar — elementary, PickeringFraser rating 8.4/10
  • Pickering — elementary, PickeringFraser rating 7.8/10
  • Elizabeth B Phin — elementary, PickeringFraser rating 7.7/10
  • Gandatsetiagon — elementary, PickeringFraser rating 7.6/10
  • Rosebank Road — elementary, PickeringFraser rating 7.5/10
  • Dunbarton — secondary, PickeringFraser rating 7.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 4 - 570 KINGSTON ROAD