15 Ringwood Drive 2, Whitchurch-Stouffville

$200,000
15 Ringwood Drive 2

$200,000

New
17d
Sale Of Business

15 Ringwood Drive 2, Whitchurch-Stouffville

Total Monthly Obligation $1,183

Beds
0
Baths
2
Park
0
DOM
17d
Property Type-Sale Of Business
MLS® Number-N13872656
Beds-0
Bathrooms-2
Listed on site-Oct 6, 2026
Building Type-Sale Of Business
Taxes-$14.25 (2025)
Parking-Plaza
Heating-Gas Forced Air Open
Brokerage-RE/MAX MILLENNIUM REAL ESTATE
Cooling-Yes
Fireplace-No
Pool-None
Possession-Flexible
Neighbourhood-Stouffville
Title-Commercial

No agent assigned

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.

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Closing Costs

Mortgage Amount
$160,000
Land Transfer Taxes$1,725
Legal Fees (Est.)
$
Total cash required for closing$43,225

Total Monthly Obligation

$1,183/mo
Mortgage $807
Monthly Loss $971
Principal$212
Interest$594
Property Tax$1
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

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