Price: $74,900

390 RICHMOND Street, London, ON N6A 3C9

Prime location downtown London Ontario. Close to commercial and Fanshawe College Downtown campus. Very well-established Restaurant from 1985. Loyal clients. Its 1700 sq. feet area. Seventy-nine sitting capacities with LCBO License. At present we use 40 chairs and tables. Newly renovated tastefully, which gives a new look. He and she washrooms. The owner is willing to train the new buyers. Its worth viewing it. Monthly rent is 2500+HST for 5 years. A new five-year option to renew the lease is available. All the income and expenses statements are confidential. Its an excellent opportunity to enter the restaurant business. This is a non-franchise restaurant offering both dine-in and take-out services.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

1700 Square Feet

List Price

$74,900

Gross Income

N/A

Annual Taxes

$0

Tax year

2024

Business Type

Restaurant

Years in Business

N/A

Location

London, 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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