685 RICHMOND Street, London East, Ontario, Canada, N6A5M1

585,000
for Sale

About the property:

Excellent opportunity to own an established Philthy Philly's franchise at 685 Richmond Street, London, Ontario, ideally located in the vibrant downtown area. This established business generates annual sales of over 1.2 million , 100k Monthly sales and offers an excellent opportunity for an owner-operator or investor. Attractive lease terms with approximately 10 years remaining plus an additional 10-year renewal option. Monthly rent is approximately $5,650 including TMI. Benefit from an established franchise brand with LLBO & $0 marketing cost, providing ongoing brand exposure and support. Excellent location with seating capacity of 40 inside 40 patio, surrounded by residential, commercial, entertainment and student activity with strong pedestrian and vehicle traffic. A great opportunity to acquire an established food business with long-term lease security in one of London's active commercial areas.

Extra info:

All existing chattels and equipment.
Sale Of Business false
Property Type:
Sale Of Business
Status:
for Sale
Business Type:
Fast Food/Takeout
Heating Type:
Electric Forced Air
Cross Street:
MILL ST., AND RICHMOND ST.,
Listing ID:
X13816896

Rooms

Dimensions

Brokered by:
Homelife/miracle Realty Ltd
Source: TRREB/PROPTX
Presented By:

Navdeep Gill

Sales Representative

HomeLife/Miracle Realty Ltd, Brokerage *