2 - 15 Ringwood Drive

Whitchurch-Stouffville, ON

2 bath
1,283 sqft
Sale Of Business
194 days on market

$199,000

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.

Listing Details

Taxes (2025): $14
Listed: February 18, 2026

Price History

Listing history

Parking

Garage: Plaza

Location & Legal

Cross Street: Main/Ringwood
Zoning: Commercial/Retail
Possession: 30-59 days
Occupancy: Tenant

Commercial

Business Type: Restaurant

Included

Inclusions: as per chattel list
Exclusions: as per chattel list
Rental Items: as per chattel list

Community

Postal area L4A

Population: 50,389
Private dwellings: 17,366
Median age: 41.6
Average household size: 3
Median household income: $122,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Whitchurch-Stouffville · last 12 months

Median sold price: $1,098,240
Homes sold: 568
Median days on market: 25
Sale-to-list price: 97.7%

Based on 568 recorded sales of commercial properties in Whitchurch-Stouffville over the last 12 months.

Listed by

RE/MAX MILLENNIUM REAL ESTATE

Walk Score

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Location

Street View

Commercial figures

Building area: 1,283 sq ft
Price per sq ft: $155.11
Annual property tax: $14
Tax per sq ft: $0.01

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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