685 RICHMOND Street, London East, ON N6A 5M1
London East, ON N6A 5M1
About this 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.
Property facts & features
- Property type
- Sale Of Business
- MLS® number
- X13816896
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- Not provided
- Reported interior area
- 1808
- Neighbourhood
- Not provided
- Postal code
- N6A 5M1
- Garage
- None
- Lot depth (source units)
- 0
- Annual property tax
- 0
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $585,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in London East →Listing brokerage: HOMELIFE/MIRACLE REALTY LTD. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13816896. Information deemed reliable but not guaranteed.