For Sale

1420 ERNEST Avenue, London, Ontario N6E3B2

$319,000

1420 ERNEST Avenue, London, Ontario N6E3B2 is For Sale and has a listing price of 319,000. The property is located in the White Oaks neighbourhood. It's been on the website for 57 Days.

  • Business
    Property Type
  • MLS ID: 40653401
  • Office Name RIGHT AT HOME REALTY BROKERAGE UNIT 36
Property Description

Profitable Business – Are you looking to operate or invest in a busy fast-food business? If yes, then this is the perfect opportunity. We offer a well-maintained and fully operational business. A very Popular Grill & Wrap Quick Service Restaurant in South London, A short drive from Fanshawe College. This is a Turnkey Restaurant that does excellent sales and earns profit margins which is perfect for entrepreneurs or investors. The menu is large and serves Halal Burgers, Donair, Shawarma, Sandwiches, Wings, newly introduced Chicken Tikka, Beef Shawarma Wrap, Beef and Chicken Samosas, Chicken Wings, and more. Recently introduced more vegetarian dishes Veg Falafel Wrap, Veg Samosas, Loaded Nachos, Veg Burger, Veg-loaded Fries which are gaining popularity among customers. The store has a good review rating. Inventory- A diverse and well-stocked inventory (not included in the sale price. To be counted on closing). Perfect for immediate sale or use in your operations. Location and Lease: Prime location with a long 4 + 5 year lease term available for transfer or renegotiation. Very easy to operate 1,250 Sq ft space (approx) with seating for 24. Busy small plaza with 30 parking spaces and excellent signage. The 12-ft commercial hood and the extensive equipment below it are top-of-the-line. 1 Walk-in fridge and a large prep and back-of-house area. This business is available with the business name. The seller will provide 10 days free training upon closing. Seller can provide VTB to qualified buyers upon terms and conditions. (id:43137)

Property Details
  • MLS ID: 40653401
  • Price: $319,000
  • Transaction Types: For Sale
  • Ref ID: 27469996
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
09/25/2024 40653401 $345,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
White Oaks
  • $542,872 Average List Price
    based on 1 year
  • 34 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0 % Up
  • Sold (12mo) 130
  • Rented (12mo) 20

  • 1 Month Change +0.5%
  • 3 Month Change -2.6%
  • 6 Month Change -13.1%
Walkscore
  • 76 Walk Score
    Very Walkable
  • 47 Transit Score
    Some Transit
  • 51 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    72.23%
  • Commercial
    6.03%
  • Condo
    21.53%
  • Land for Sale
    0.22%
Additional Details
  • Basement2 None
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 25/09/2024 00:00:00
  • Agent Name: Punit Oza
  • Last Updated: 14/11/2024 16:34:52
Open House Dates
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