$585,000
For SaleList: 2026-09-23
X13816896
$585,000
Added 44 days ago
MLS® X13816896
London East, ON, N6A 5M1
Other
Added 44 days ago
MLS® X13816896
Prices are changing. Get a free home estimate
Find out nowAbout this home
Broker remarks from the listing.
Quick facts
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.
Property sheet
Key facts from the MLS® sheet for this home.
Record
Buy/sell history for 685 RICHMOND Street, London East, ON N6A 5M1 (Other)
$585,000
For SaleList: 2026-09-23
X13816896
| Contract Date | Last Update | Price | Status | Listing ID |
|---|---|---|---|---|
| Sep 23, 2026 | Oct 6, 2026 | $585,000 | For Sale | X13816896 |
Neighbourhood
Loading schools, parks, transit, and grocery…