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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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685 RICHMOND Street London
For SaleLondon East

685 RICHMOND Street London, Sale Of Business for Sale

MLS® X13816896

London, ON

46 days on market
$585,000
Show on Map
Show on Map
N/ABeds
N/ABaths
1,808Sqft
N/AParking
Sale Of Business

Overview· 685 RICHMOND Street London

MLS® #X13816896

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.

Inclusions

All existing chattels and equipment.

Broker

HOMELIFE/MIRACLE REALTY LTD

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Walk Score®84Very WalkableVery Walkable
Transit Score®71Excellent TransitExcellent Transit
Bike Score®—Not rated for cyclingNot rated for cycling
Schools8012 schools within 1.5 km · nearest 198 m12 schools within 1.5 km · nearest 198 m
Parks555 parks within 1 km · nearest 189 m5 parks within 1 km · nearest 189 m
Convenience8524 groceries, cafes and pharmacies within 1 km · nearest 165 m24 groceries, cafes and pharmacies within 1 km · nearest 165 m
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 685 RICHMOND Street London

Source: MLS® listing data
685 RICHMOND Street London

Sale Of Business

685 RICHMOND Street London

London East

Type

Sale Of Business

Parking

None

Property Tax

~$0/yr

Heating

Electric Forced Air

Buying Essentials

Square Feet

1808 sqft

Parking

None

Finances

List Price

$585,000

Price per SQFT

$324/sqft

Property Tax

~$0/yr

Property Specs

Property Type

Sale Of Business

MLS Size

1808 sqft

Living & Amenities

Heating Type

Electric Forced Air

Policies & Utilities

Neighbourhood

London East

Listed On

Sep 22, 2026

Price & Listing History

Days on Market

Current: 46 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 685 RICHMOND Street London.

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Mortgage Summary

Mortgage Payment$2,353/mo
Total Monthly$2,353

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Closing Costs

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