142 Fullarton Street 5,London East, ON N6A 5P3
London East, ON N6A 5P3
Description
ALL-INCLUSIVE DOWNTOWN TURNKEY RESTAURANT BUSINESS FOR SALE. Fantastic opportunity to take over a fully turnkey, established restaurant in the heart of Downtown London. Operating successfully for over 20 years, this business is ready to continue as a shawarma/Mediterranean restaurant or be adapted to your own concept. All-inclusive setup - hydro and water are included. Current Rent is $2067/month. You only pay the rent and approximately $240/month for underground parking. The commercial hood, appliances, and restaurant equipment are all included and ready to operate immediately. There is also the option to keep the existing employees and continue the business as is. The current financials are based on limited hours of approximately 11:00 AM-3:00 PM, Monday to Friday, creating significant opportunity for growth. Extend the hours to 7:00 AM-8:00 PM, add delivery, catering, breakfast or dinner service, and increase revenue. Located at 142 Fullarton Street in Talbot Centre, the restaurant benefits from strong pedestrian traffic, a loyal repeat customer base, Collège Boréal students, surrounding office towers, and major businesses including RBC and BDC. Lunchtime traffic is particularly strong, with students and downtown office employees, law offices, regularly coming through the centre. A true turnkey opportunity with established clientele, affordable operating costs, excellent downtown exposure, and plenty of room to grow.
Details
| MLS # | X13652592 |
|---|---|
| Listing Type | For Sale |
| Building Name | LEBANESE FOOD LONDON INC. |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 34 |
| Listing Provided By | RE/MAX ADVANTAGE REALTY LTD. | X13652592 794900 |
Features
| SQ Feet | 500 |
|---|---|
| Acreage | 0.01 |
Interior
| Cooling | Yes |
|---|
Exterior
| Security Features | Yes |
|---|
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 0 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PARCEL 1A-1, SECTION 33-L-39(W) FIRSTLY: LTS 1A, 2B & PT LTS 1C, 2D, 3E, 1K, 2L, 4F, 5G & 6H PLAN 39(W) AND LTS 8, 9, 10 & PT LTS 6 & 7 N FULLARTON ST PLAN 61(W); PT LTS 6, 7, 8 & 9 S MAPLE ST PLAN 171(W); PT 1 33R8254, EXCEPT CONDOMINIUM 153; SECONDLY: PT LTS 11 & 12 N FULLARTON ST PLAN 61(W); PTS 2, 3 AND 5 33R8254; T/W W21759; SUBJECT TO LT196803, LT262932 LONDON |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Middlesex |
| City | London East |
| Postal Code | N6A 5P3 |
| Area | East F |
| Listing VS Median (in N6A 5P3) | |
Price: $199,999 low | high Med: $199,999 sqft: 500 low | high Med: 500 $ / sqft: $400 low | high Med: $400 On site: 34 low | high Med: 34 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Middlesex |
| City | London East |
| Postal Code | N6A 5P3 |
| Area | East F |
| Listing VS Median (in N6A 5P3) | |
Price: $199,999 low | high Med: $199,999 sqft: 500 low | high Med: 500 $ / sqft: $400 low | high Med: $400 On site: 34 low | high Med: 34 | |
