ACTIVE
See all 20 photosACTIVE · 28 days
$585,000See Homsy estimate →
685 RICHMOND StreetEast F, London East, ON N6A 5M1 · Sale · MLS® X13816896
--Bedrooms
--Bathrooms
1808Sq ft
--Parking
--Per sq ft
About this home
The homeAll listing details
- Description
- 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.
- Commercial use
- Sale Of Business
- Rate
- $585,000 (For sale)
- Space · Total area
- 1808 ft²
- Space · Office area
- 100 ft²
- Space · Retail area
- 1,408 ft²
- Building · Freestanding
- No
- Business · Business type
- Fast Food/Takeout
- Business · Franchise
- Y
- Business · Chattels
- Y
- Property type
- Sale Of Business
- Style
- Without Property
- Heating
- Electric Forced Air
- Air conditioning
- Yes
- Garage
- None
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The area
AreaUnavailablewalk to transit
Unavailablegrocery stores within 1 km
Unavailablepublic schools within 1 km
Unavailableparks within 1 km
Price & listing history
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Homsy estimate
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