685 RICHMOND Street
London East, ON
- 1,808 sqft
- Sale Of Business
Excellent opportunity to own an established Filthy Philly franchise at 685 Richmond Street, London, Ontario, ideally located in the vibrant downtown area. This established business generates annual sales of over $550,000 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 $6,300 including TMI. Benefit from an established franchise brand with $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.
Listing Details
- Listed
- September 22, 2026
Price History
Parking
- Garage
- None
Location & Legal
- Cross Street
- MILL ST., AND RICHMOND ST.,
- Zoning
- COMMERCIAL
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Fast Food/Takeout
- Office / Apartment Area
- 100 Sq Ft
Included
- Inclusions
- All existing chattels and equipment.
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
- $460,000
- Homes sold
- 1,326
- Median days on market
- 25
- Sale-to-list price
- 97.0%
Based on 1,326 recorded sales of commercial properties in London East over the last 12 months.
Listed by
HOMELIFE/MIRACLE REALTY LTD
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 1,808 sq ft
- Price per sq ft
- $323.56
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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