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For Sale

142 Fullarton Street 5, London East, ON N6A 5P3

$199,999

  • Sale Of Business
  • MLS® X13652592

Listing Brokerage: RE/MAX ADVANTAGE REALTY LTD.

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.

Property details

MLS® number
X13652592
Transaction
For Sale
Property type
Commercial
Style / use
Sale Of Business
Community
East F
City
London East
Building area
500 Square Feet
Heating
Gas Forced Air Closed
Cooling
Yes
Garage
Underground
Tax year
2025
Business type
Restaurant
Retail area
500
Listing brokerage
RE/MAX ADVANTAGE REALTY LTD.

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