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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$585,000
Available - For Sale
Listing ID: X13816896
Excellent opportunity to own an established Philthy Philly's franchise at 685 Richmond Street, London, Ontario, ideally located in the vibrant downtown area. This established business generates annual sales of over 1.2 million , 100k Monthly sales 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
Tax Type: Annual
Occupancy by: 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.,
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Category: Without Property
Use: Fast Food/Takeout
Building Percentage: F
Total Area: 1,808
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
Maintenance: 0
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
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Down payment: $  
Interest Rate: %  
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE/MIRACLE REALTY LTD

685 RICHMOND Street , London East, N6A 5M1, Middlesex

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Stan Khurana
Sales Representative
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6473836000
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905-883-1988

 
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Type: Com - Sale Of Business
Area: Middlesex
Municipality: London East
Neighbourhood: East F
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Maintenance Fee: $0
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