Price: $150,000

1225 Wonderland Road N 19, London North, ON N6G 2V9

Mall Retail Business For Sale. Ellen's Childrens Shoes - 'Perfectly Fit by Ellen'. An Established & Successful Children's Footwear Store. Attention Entrepreneurs, here's a chance to take over a thriving footwear business with a proven 33-year track record of success. Located in the high-traffic Sherwood Forest Mall, London, Ontario. Surrounded by multiple AAA Retailers anchoring this Mall, PERFECTLY FIT by ELLEN, offers easy access and steady daily foot traffic for families and frequent shoppers. Retail Draws Include: GoodLife Fitness(4000 members), Food Basics, Shoppers Drug Mart, Dollarama, Bernie's Restaurant, Tim Hortons, Subway, Pizza Pizza, Burger King, Pet Value, and Petro Canada with a McDonalds restaurant. The area directly surrounding the mall is bustling with additional traffic and opportunity with: TD Bank, Sir Frederick Banting school (1,600 students), Medway Community Centre (featuring ice pads), the Canada Games Aquatic Centre(public swimming pools), and a University of Western student residence (600 students). Total Space = 1,150sqft. Store Features: Large open concept retail area, Large storage area with shelving, Private 2pc bathroom, Kitchenette, and Office. This turnkey operation is perfect for an owner-operator or investor. Seller (Ellen) is open to staying on during transition, to ensure your continued success. Existing Lease Term - 5yrs ending 2029, with 5yr optional extension. Rent is $18.90/sqft + cam & taxes, estimated total = $3,860.87/month in 2025. Gradual increases from 2026-2029 up to $21.50/persqft in Year 5. Sale of the Business is plus the Cost of Inventory at Completion Date and Includes: Existing Lease, Business Name and Facebook Business Page with 5,500 followers, and over 3 decades of continued success to a loyal and always growing customer base. Take advantage of this rare opportunity to own a recession resistant, community-trusted retail business, in one of London's busiest retail hubs. Inquire today to learn more.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

1150 Square Feet

List Price

$150,000

Gross Income

N/A

Annual Taxes

$3,861

Tax year

2025

Business Type

Footwear

Years in Business

N/A

Location

London North, 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

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

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