Price: $99,900

346 Richmond Street, London, ON N0B 1T0

Located in the heart of downtown London at busy intersection of Richmond and York Street, this restaurant is a prime opportunity for culinary entrepreneurs. Can be easily converted to any other food business, Ideal for take-out, dine-in, or even as a catering kitchen. This restaurant is perfectly situated for easy access and catering opportunities. The sale encompasses all essential elements - equipment and inventory guaranteeing a seamless transition for the new owner, whether a season restauranteur or a first time entrepreneur. Restaurant benefits form a constant stream of foot traffic and a dedicated local customer base, serving as a pivotal asset. Don't let this unique opportunity pass by. *** 40 sitting capacities with opportunity to introduce LCBO License. At present we use 26 chairs and tables. *** Good size exhaust hood in kitchen with a big size Walk-in Cooler, Two Washrooms for staff & employees. *** Minutes away from VIA Rail, Fanshaw College downtown campus, Western University, Victoria Park. *** A new five-year option to renew the lease is available. Training from owner is available if required.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

1937.5 Square Feet

List Price

$99,900

Gross Income

N/A

Annual Taxes

$0

Tax year

2025

Business Type

Restaurant

Years in Business

N/A

Location

London East, ON

Status

Active

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

Financial Verification

All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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