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MLS® X13816896
London, ON
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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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
Days on Market
Current: 46 days
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