Price: $100,000

742 Richmond Street 2, London East, ON N6A 3H3

At the busy intersection of Oxford and Richmond Rd with the one of Best blocks for business in the downtown London, THE K GRILL represents not only A well established business , A popular brand in the communities, but also equipped with high end massive kitchen exhaust system( fully upgraded 2023) coolers, freezers , top notch cooking tools, utensils and furnitures. The kitchen is huge to fulfill the new owners ambitions, the dining area is spacious with 96 seats. The enormous free parkings are at rear with easy access to the K GRILL, the countless businesses in the area are drawing numerous customers. With the UWO just a few kilometers away, the K GRILL is surrounded by the students housing and vast residential areas. The business was prosperous with many customers coming from all over the city. Now, The owner has another business to take care of in another city, the K GRILL MUST BE SOLD. The total operating area is 2868 square foot , rent is $6200 with the effective long term lease.contact the listing agent for more details, serious inquiries only.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

N/A

List Price

$100,000

Gross Income

N/A

Annual Taxes

$15,032

Tax year

2024

Business Type

Fast Food/Takeout

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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