102 - 484 Richmond Street E, London East, Ontario N6A 3E6

Listed for:
$75,000
0 beds
0 baths
Listed 23 days ago
102 - 484 Richmond Street E, London East, Ontario N6A 3E6

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Learn more about this property
Listing provided by:
THE AA REALTY GROUP INC.
MLS® number:
X12612694
Agent:
Sannick Kim
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About

Cross Streets: Richmond St. & Dufferin Ave. ** Directions: Richmond St./Dufferin Ave. Exceptional opportunity to own a well-established takeout-only sushi restaurant located in one of downtown London's highest-traffic corridors. Ideally positioned on Richmond St. at Dufferin Ave, this business benefits from outstanding visibility and a strong existing customer base drawn from surrounding high-rise condos, commercial buildings, residential communities, and the constant foot traffic around Victoria Park. This fully turn-key operation runs efficiently 6 days per week, leaving significant potential for growth. The restaurant already maintains strong partnerships with major delivery platforms including UberEats and SkipTheDishes, providing seamless continuity for the new owner. Additional revenue opportunities include expanding hours (Sundays and late-night), adding catering services, and introducing complementary menu items such as sushi burritos, sushi tacos, specialty rolls, bubble tea, desserts, or even other retail food concepts. The space offers approximately 700 sq. ft., two dedicated parking spaces at the front, and valuable additional storage in the basement. Rent is very reasonable at $2,187.91/month + approximately $200/month for hydro, keeping operating costs low and margins strong. Remaining lease runs until December 31, 2026, with a 5-year renewal option available. All existing equipment and fixtures are included. A rare chance to step into a profitable, well-located business with excellent growth potential on one of London's most vibrant and sought-after commercial strips. (id:27476)

Property Highlights

MLS® Number
X12612694
Type
Business
Community Name
East F
Land Size
71.86 FT

Building

Square Footage
1000 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Electric
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Street Spotlight - For sale