$349,000

Commercial For Sale In Gardiners / Meadowbrook, Kingston, Ontario

$349,000

Property Information:

MightyBird Craveable Chicken is a popular quick service restaurant (QSR) franchise located in avery busy RioCan plaza in Kingston, surrounded by numerous restaurants and strong anchortenants. This high-traffic setting provides excellent exposure and consistent customer flow,contributing to the impressive sales performance of the business. The restaurant features anefficient 1,354 sq ft layout designed to keep labour costs low, with seating for 30 customersand a modern takeout counter equipped with TV screens. The space is supported by a fullcommercial kitchen with a 12-ft hood and high-end equipment, making it well suited forhigh-volume operations. The franchise is offered with full training and ongoing support fromhead office, subject to franchisor approval. Royalties are 6% + 1%, and the lease is veryattractive at $6,410 gross per month including TMI, with 9 + 5 + 5 years remaining. There isalso potential for rebranding into a different concept, cuisine, or franchise. Please do not godirect or speak to staff or ownership.

Property Features:

  • Bathrooms: 2
  • Annual Tax Amount: $0
  • Business Type: Fast Food/Takeout
  • Cooling: Yes
  • Floor Space (approx): 1354 Square Feet
  • Garage Type: Plaza
  • Heat Type: Gas Forced Air Closed
  • Lot Depth: 516.61 Feet
  • Lot Frontage: 1268.38 Feet
  • Lot Shape: Irregular
  • Property Use: Without Property
  • Security Features: No
  • Utilities: Available
  • Water: Municipal
  • Sewer: Sanitary+Storm

Courtesy of: Royal LePage Signature Realty

Data provided by: Toronto Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved