685 RICHMOND STREET
London East (East F), Ontario N6A5M1
- 1808 sqft
- Business
Listed by HOMELIFE/MIRACLE REALTY LTD
20 photos
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. (id:37124)
Property details
| Price | $585,000 |
|---|---|
| Status | Active |
| Transaction | For sale |
| Property type | Business |
| Living area | 1808 square feet |
| Zoning | COMMERCIAL |
| Heating | Forced air |
| Cooling | Fully air conditioned |
| Water | Municipal water |
| Listed on | Sep 23, 2026 |
| MLS® number | X13816896 |
Location
All listing details (27)
| Business Type | Restaurant |
|---|---|
| City | London East (East F) |
| City Region | East F |
| Cooling | Fully air conditioned |
| Country | Canada |
| Directions | MILL ST., AND RICHMOND ST. |
| Fireplace YN | No |
| Geocode Manual YN | No |
| Heating | Forced air |
| Internet Address Display YN | Yes |
| Internet Entire Listing Display YN | Yes |
| List AOR | Toronto |
| List Price | 585000 |
| Living Area | 1808 |
| Living Area Units | square feet |
| Original Entry Timestamp | 2026-09-23T01:34:59.22Z |
| Photos Count | 20 |
| Postal Code | N6A5M1 |
| Property Sub Type | Business |
| Standard Status | Active |
| State Or Province | Ontario |
| Street Name | RICHMOND |
| Street Number | 685 |
| Street Suffix | Street |
| Tax Annual Amount | 0 |
| Water Source | Municipal water |
| Zoning Description | COMMERCIAL |
Listing courtesy of
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD
821 BOVAIRD DR WEST #31, BRAMPTON, Ontario
Listing agent
SUNNY SHAH
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