Price: $259,000

#7A - 611 Wonderland Road, London North, ON N6H 4V6

Located next to T&T Supermarket and near Costco, Grand Tang Chinese Cuisine is a well-known Chinese eatery in North-West London. Nestled in a bustling commercial hub with high-rise buildings and various retail stores, it enjoys excellent public transit connections to Western University, Fanshawe College, White Oaks Mall, and Masonville Mall. Operated successfully by its current owner for over a decade, Grand Tang Chinese Cuisine has a loyal customer base and consistent performance, yet it still has great growth potential. The restaurant operates on a limited schedule - open just 3 days a week from 5 PM to 9 PM for dine-in dinner only, without takeout or a liquor license, and closes for 3 months each year. The 1,178-square-foot space accommodates 34 seats, with affordable rent and a lease that has four years remaining.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

1178 Square Feet

List Price

$259,000

Gross Income

N/A

Annual Taxes

$259,946

Tax year

2024

Business Type

Restaurant

Years in Business

N/A

Location

London North, 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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