NewFor Sale

Unit 2 - 15 Ringwood Drive
Whitchurch-Stouffville, York, ON, L4A 8C1

Sale Of Business
TRREB
MLS® Number: N12797422
$199,000List Price
Sale Of BusinessProperty Type
1,283 sq ftSize
$14.25 / 2025Taxes (TMI)
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Property Location

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Listing History

Buy/sell history for 15 Ringwood Drive 2, Whitchurch-Stouffville, ON L4A 8C1

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Description

This offering is for a well-established Traditional Wild Wing Restaurant located in a prime shopping area of Stouffville, Ontario. The business is part of a mature, well-recognized Canadian franchise system specializing in chicken wings, proprietary sauces, and quick-service food products. Proven Concept: The restaurant operates within the casual dining sector, offering a mix of table service, take-out, and delivery options. The establishment is licensed to sell alcohol, providing a diversified revenue stream through food and beverage sales. The premises consist of approximately 1,289 square feet of rentable area situated in a busy project with ample free surface parking. Strong Brand Presence: The "Wild Wing" brand is a leader in its category, supported by a dedicated marketing and promotion fund designed to maximize public recognition. Financial Overview (Normalized): Total Annual Sales: Over $612,000. Annual hands off owner take home: Approximately 72K. The business features high-quality fixtures, furnishings, and specialized equipment required for system standards. The current lease term runs until October 31, 2028, with a 5-year option to extend. Franchise Support: Owners benefit from comprehensive initial training, ongoing operational advisory assistance, and access to a confidential, proprietary operations manual. Ongoing royalties are set at 5% of gross sales, with a 2% contribution to the national marketing fund. The chicken wing market in Canada is mature and highly competitive, making this an ideal acquisition for an owner-operator with strong management skills and business acumen. The sale includes all tangible assets of the franchised business, including leasehold improvements and equipment.

Features

No features available

Amenities

No amenities available

Summary

Tax (TMI):$14.25 / 2025
Listing #:N12797422
Property Type:Sale Of Business
Size:1,283 sq ft
Days on CPRB:
Garage:Plaza
Locker:None
On CPRB Since:
Listing Brokerage:RE/MAX MILLENNIUM REAL ESTATE

Rooms

Details

Property

Property Type:Sale Of Business
Community:Stouffville
Municipality:York

Building

Size:1,283 sq ft

Inside

Bedrooms:0
Bathrooms:2
Kitchens:0
Rooms:0
Family Room:No

Parking

Garage Type:Plaza
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Open

Land

Cross Street:Main/Ringwood

$199,000

List price

Unit 2 - 15 Ringwood Drive, Whitchurch-Stouffville – Sale Of Business for sale