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    For Sale - 685 RICHMOND Street, London East, Ontario

    Est payment $2,809/mo
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    Views   1
    Time on Jump  16 day

    AI Summary *

    • Established franchise with impressive annual sales over 1.2 million.
    • Located in vibrant downtown with high pedestrian and vehicle traffic.
    • Attractive lease terms with 10 years left and renewal option.
    • Seating for 40 indoors and an additional 40 on the patio.
    • No marketing costs, benefiting from ongoing brand support and exposure.




    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.
    Listing IDX13816896
    Address685 RICHMOND Street
    CityLondon East, Ontario
    Price$585,000
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessHeating / Cooling Electric Forced Air

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    Listing Brokerage: HOMELIFE/MIRACLE REALTY LTD

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    685 Richmond Street
    London East , Ontario
    $585,000
    Get more info