Price: $189,000

1487 Dundas Street, London East, ON N5W 3B8

An incredible opportunity to acquire a well-established restaurant location that has been operating successfully for over 15 years as a Mexican/International cuisine destination, situated in one of London's busiest and most high-traffic corridors. This well-established location features seating for over 28 guests indoors, a concrete patio for additional outdoor dining, and ample on-site parking for customers. As a bonus, the second level offers a self-contained apartment with 2 rooms and a Kitchen , ideal for owner use or conversion to commercial office space. The listed price includes over 100K in equipment, chattels, and fixtures, providing a true turnkey setup for entrepreneurs or investors looking to step right in. Additional amenities include walk-in freezer, newly installed Kitchen hood, stove and ample prep space, Monthly lease is only $6,700/month with an abundance of onsite parking and a prime location, don't miss this turnkey opportunity to acquire a profitable and respected establishment in London's hospitality industry with plenty of growth potential.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

3032 Square Feet

List Price

$189,000

Gross Income

N/A

Annual Taxes

$6,800

Tax year

2024

Business Type

Restaurant

Years in Business

N/A

Location

London East, ON

Status

Active

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

Financial Verification

All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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