• Mobile: 416-671-5246
  • Office: 416-289-3000
  • Fax: 416-289-3008
Personal Pic

Jag Patel

Broker
HomeLife/ Miracle Realty LTD, Brokerage Independently owned and operated. 22 Slan Ave. Scarborough Toronto , Scarborough, Ontario M1B 3B2 Cell: 416-671-5246Office: 416-289-3000Fax: 416-289-3008

$585,000
Available - For Sale
Listing ID: X13816896
685 RICHMOND Street , London East, N6A 5M1, Middlesex


Excellent opportunity to own an established Filthy Philly franchise at 685 Richmond Street, London, Ontario, ideally located in the vibrant downtown area. This established business generates annual sales of over $550,000 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 $6,300 including TMI. Benefit from an established franchise brand with $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.
Price $585,000
Taxes: $0.00
Tax Type: Annual
Occupancy: Owner
Address: 685 RICHMOND Street , London East, N6A 5M1, Middlesex
Postal Code: N6A 5M1
Province/State: Middlesex
Directions/Cross Streets: MILL ST., AND RICHMOND ST.,
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Without Property
Use: Fast Food/Takeout
Building Percentage: F
Total Area: 1808.00
Total Area Code:  Square Feet
Office/Appartment Area: 100
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: T
Days Open: O
Hours Open: 11:00 A
Employees #: 5
Seats: 80
Washrooms: 0
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
$
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE/MIRACLE REALTY LTD
Personal Picture
Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
 
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At a Glance:
Type: Com - Sale Of Business
Area: Middlesex
Municipality: London East
Neighbourhood: East F
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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