Manchu Wok - Vaughan Promenade Shopping Centre

CAD $

380000

Promenade Shopping Centre is located in Thornhill, Ontario just off of Bathurst Street, North of Steeles Avenue West and south of Centre Street. Manchu Wok’s Story begins in Peterborough, Ontario in 1980. It had only one location where customers would come to enjoy restaurant quality Chinese cuisine but in a quick service setting. The mall concept was born. The Success of this first location generated demand throughout the province and soon spread across North America, prompting multiple store expansions over the next nine years.

Details

 

Years in Operation: 15 Years

Lease Term: Till 2026

Annual Sales: $780,000

Monthly Rent: $14,500 (Include Everything)

Food Cost: 33%

Royalty Fee + Advertising: 7%+1%

Employees: 2 Full-time +1 Part-time

Monthly Payroll: $12,000

Operation Hours: 10 am– 9 pm

Space Area: 310 Sq. ft