4 - 570 KINGSTON ROAD, Pickering (Woodlands)

$139,000

For sale: Other

Other at 4 - 570 KINGSTON ROAD, Pickering (Woodlands)
Property type
Sale Of Business
MLS®
MLS® E13620636
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 Pickering (Woodlands) — recent sold market

Homes in Pickering (Woodlands) took a median of 21 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 40, across 331 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.

The median sale price was $859,990.

Homes sold for about 2.1% below asking on average, so there was room to negotiate.

About 22% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
21
Median sale price
$859,990
Sale-to-list ratio
97.9%
Sold above asking
22%

Based on 331 recorded sales in the last 90 days. 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