1131 Richmond Street
London East, ON
- Sale Of Business
- 58 days on market
Turnkey restaurant business opportunity in one of London's most recognizable high-traffic locations, just steps from Western University! Business only-the building is not included. Situated in a thriving commercial corridor, this well-established restaurant benefits from exceptional visibility, constant vehicle and pedestrian traffic, and a steady customer base fueled by more than 40,000 Western University students, faculty, staff, and visitors year-round. The area sees increased activity during orientation, Homecoming, sporting events, convocations, conferences, and numerous campus events, making it an ideal location for a food service business.Banana Burger has earned a strong local reputation for its fresh smash burgers, fries, poutine, and banana pudding, . The business is fully operational and offers an excellent opportunity for an owner-operator or investor looking to step into an established and profitable operation.The sale includes the business only, along with the existing kitchen equipment and chattels, providing a seamless transition for new ownership. A complete list of inclusions and exclusions is available upon request. Customers enjoy excellent street exposure, convenient rear parking, and easy access for dine-in, takeout, and delivery services. Whether you're expanding your portfolio or entering the restaurant industry for the first time, this is a rare opportunity to acquire a successful business in one of London's busiest and most desirable commercial locations.
Listing Details
- Listed
- July 17, 2026
Price History
Parking
- Garage
- None
Location & Legal
- Cross Street
- Richmond st and Huron St
- Zoning
- NSA1
- Parcel Number
- 080800090
- Possession
- Immediate
- Occupancy
- Tenant
Commercial
- Business Type
- Fast Food/Takeout
Included
- Inclusions
- fryers, grill, refrigerator
Community
Postal area N6A
- Population
- 13,810
- Private dwellings
- 9,768
- Median age
- 34
- Average household size
- 1.8
- Median household income
- $61,200
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in London East · last 12 months
- Median sold price
- $462,500
- Homes sold
- 1,327
- Median days on market
- 25
- Sale-to-list price
- 97.0%
Based on 1,327 recorded sales of commercial properties in London East over the last 12 months.
Listed by
RE/MAX ADVANTAGE REALTY LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
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