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$274,000

Unit 11 - 551 Richmond St

London East, ON N6A 3E9

Unit 11 - 551 Richmond St, London East — Listed at $274,000, 2 bathroom Sale Of Business. MLS® X13640144.

Possession · seller's timeline

Flexible

2Baths

2,027Sq Ft

Restaurant

Sale Of Business

Description

Unbeatable Richmond Row Downtown Location! Own a 40-seat, fully equipped franchise restaurant in the heart of London Downtown. This high-traffic gem features two patios, perfect for maximizing seasonal revenue. Close to Western University, Fanshawe College, and major corporate hubs, this turnkey space offers maximum visibility. An added bonus: a portion of the space is subleased to Dough Bits, providing additional rental income and reducing your operating costs. A rare opportunity to secure a proven franchise in one of London's most sought-after commercial corridors.

Property Details

Property TypeSale Of Business

CommunityEast F

Washrooms2

Lot Dimensions245 × 245 ft

Dir/Cross StRichmond & Albert

Garage TypeStreet

Heating TypeGas Forced Air Closed

A/CYes

SewersSanitary+Storm

HSTIncluded In

SecurityPartial

Listed Date8/5/2026

Days on Market47 days

PossessionFlexible

Business Details

Property Sub-TypeSale Of Business

Business TypeRestaurant

Property UseWithout Property

Occupant TypeTenant

Hours of OperationMonday to Thursday: 11 am to 1 am Friday to Saturday: 11 am to 3 am Sunday: 11 am to 10 pm

FranchiseYes

Chattels IncludedYes

Seating Capacity40

Full-Time Employees7

Financial StatementsAvailable

Showing RequirementsList Salesperson

Possession TypeFlexible

Listing Expires12/31/2026

Commercial Space & Financials

Retail Area2,027 Sq Ft

Industrial Specifications

CraneNo

Outside StorageNo

Same-day showings available

5.0Rated 5 stars on Google Reviews WhatsApp Us About This Listing

Property Insights

Listing Courtesy of: KING REALTY INC.

MLS® #X13640144

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.