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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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1131 Richmond Street London
For SaleLondon East

1131 Richmond Street London, Sale Of Business for Sale

MLS® X13576170

London, ON

113 days on market
$129,900
Show on Map
Show on Map
N/ABeds
N/ABaths
N/ASqft
N/AParking
Sale Of Business

Overview· 1131 Richmond Street London

MLS® #X13576170

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.

Inclusions

fryers, grill, refrigerator

Broker

RE/MAX ADVANTAGE REALTY LTD.

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Walk Score®58Somewhat WalkableSomewhat Walkable
Transit Score®64Good TransitGood Transit
Bike Score®81Very BikeableVery Bikeable
Schools10012 schools within 1.5 km12 schools within 1.5 km
Parks10023 parks within 1 km23 parks within 1 km
Convenience10032 groceries, cafes and pharmacies within 1 km32 groceries, cafes and pharmacies within 1 km
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 1131 Richmond Street London

Source: MLS® listing data
1131 Richmond Street London

Sale Of Business

1131 Richmond Street London

London East

Type

Sale Of Business

Parking

None

Property Tax

~$0/yr

Heating

Gas Forced Air Open

Buying Essentials

Parking

None

Finances

List Price

$129,900

Property Tax

~$0/yr

Property Specs

Property Type

Sale Of Business

Living & Amenities

Heating Type

Gas Forced Air Open

Policies & Utilities

Neighbourhood

London East

Listed On

Jul 17, 2026

Price & Listing History

Days on Market

Current: 113 days

0306090120+

Rooms

Room information is not available for this listing.

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Mortgage Summary

Mortgage Payment$522/mo
Total Monthly$522

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0