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MLS® X13661520
London, ON
Exceptional opportunity to acquire a fully equipped turnkey restaurant business in a highly visible East London location along the high-traffic Dundas Street commercial corridor. Currently set up as an established Latin restaurant, this versatile opportunity is ideal for an owner-operator, investor, franchise conversion, or restaurateur looking to establish a new concept without the significant cost, delays, and expense associated with building a restaurant from scratch.The main floor premises feature seating for 32+ guests with a dedicated bar table setup, plus additional basement layout capacity (5 tables / 10 chairs), multiple washrooms, and a concrete patio for outdoor dining. The business includes a professionally equipped commercial kitchen complete with a gas stove, flat grill, commercial fryer, walk-in freezer, 4 additional freezers, extensive prep area, and a newly installed commercial kitchen hood system. All major equipment, chattels, and fixtures required to operate will remain with the business, allowing for a seamless transition.As a unique added value, the second level features a full self-contained residential/office setup complete with 2 full rooms, a dedicated kitchen, washroom, and laundry plumbing-perfect for owner-occupancy, staff accommodation, or conversion to commercial administrative space.Located in a high-density area with strong vehicle traffic, excellent street frontage visibility, and ample on-site customer parking, the location is surrounded by complementary retail and local businesses. Whether continuing as a Latin dining destination or introducing a completely new culinary brand, the existing leasehold improvements, commercial kitchen infrastructure, hood system, refrigeration, and fully furnished dining areas are already in place, allowing the next owner to focus on launching and growing their business rather than undertaking a costly build-out.
Inclusions
All existing commercial kitchen equipment including 1 gas stove, 1 flat grill/BBQ grill, 1 commercial fryer (2-basket), newly installed commercial kitchen hood system & exhaust, 1 walk-in freezer, 4 additional freezers, all dining area fixtures & chattels including 9 dining tables, 32 chairs, bar table setup, basement dining furniture (5 tables, 10 chairs), all fixed prep tables & shelving units, upper-level residential appliances/fixtures (stove, fridge, sink, laundry hookups) where applicable. All items in "as-is, where-is" condition.
Broker
SHRINE REALTY BROKERAGE LTD.
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Sale Of Business
1487 Dundas Street London
London East
Type
Sale Of Business
Parking
Outside/Surface
Property Tax
~$0/yr
Heating
Gas Forced Air Closed
Buying Essentials
Square Feet
3032 sqft
Parking
Outside/Surface
Finances
List Price
$89,990
Price per SQFT
$29.68/sqft
Property Tax
~$0/yr
Property Specs
Property Type
Sale Of Business
MLS Size
3032 sqft
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
London East
Listed On
Aug 10, 2026
Days on Market
Current: 89 days
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