London East, ON
685 RICHMOND Street
$585,000
Data last updated Oct 29, 2026, 9:30 p.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $585,000
- Type
- sale of business
- Bedrooms
- 0
- Bathrooms
- 0
- Size
- 1,808 sq ft
- MLS®
- X13816896
- Status
- active
- Brokerage
- HOMELIFE/MIRACLE REALTY LTD
About this home
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.
Location
More details
- Days on market
- 38
- Style
- Without Property
- Parking
- None
- Heating
- Electric Forced Air
- Air conditioning
- Yes
- Neighbourhood
- East F
- Major intersection
- MILL ST., AND RICHMOND ST.,
Details from PropTx (TRREB MLS®) via Repliers. Information deemed reliable but not guaranteed.