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