Address
1131 Richmond Street, London East, ON
Price
$ 129,900

Your Agent

Hayley Vandergoot

Broker

519-200-2729


Listing provided by Hayley Vandergoot, Broker, REMAX Centre City Realty Inc

Property Attributes
  • MLS#X13576170
  • TypeCommercial
  • Listing Status New
  • CityLondon East
  • AreaEast B
  • NeighbourhoodEast B
  • Postal CodeN6A 3K4
  • StyleFast Food/Takeout
  • Price$ 129,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

Turnkey restaurant business opportunity in one of London's most recognizable high-traffic locations, just steps from Western University! Business only-the building is not included. Situated in a thriving commercial corridor, this well-established restaurant benefits from exceptional visibility, constant vehicle and pedestrian traffic, and a steady customer base fueled by more than 40,000 Western University students, faculty, staff, and visitors year-round. The area sees increased activity during orientation, Homecoming, sporting events, convocations, conferences, and numerous campus events, making it an ideal location for a food service business.Banana Burger has earned a strong local reputation for its fresh smash burgers, fries, poutine, and banana pudding, . The business is fully operational and offers an excellent opportunity for an owner-operator or investor looking to step into an established and profitable operation.The sale includes the business only, along with the existing kitchen equipment and chattels, providing a seamless transition for new ownership. A complete list of inclusions and exclusions is available upon request. Customers enjoy excellent street exposure, convenient rear parking, and easy access for dine-in, takeout, and delivery services. Whether you're expanding your portfolio or entering the restaurant industry for the first time, this is a rare opportunity to acquire a successful business in one of London's busiest and most desirable commercial locations.

Price History
7/17/2026 Listed $129,900

General Features

Cooling Yes
Heater Type Gas Forced Air Open
Property Subtype Sale Of Business
Tax Year 2025
Lot Depth 0.0
Business Type Fast Food/Takeout
County Middlesex
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Status New
City London East
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 0.0
Standard Status Active
Occupancy Type Tenant

Interior Features

Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Elevator? No
SeatingCapacity 24

Exterior Features

Garage Type None
Spa No
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in N6A 3K4

Price
AVG $130K
$130K
Visits
AVG 18
17
Data Provided by Inside Real Estate®

Your Agent

Hayley Vandergoot

Broker

519-200-2729


Listing provided by Hayley Vandergoot, Broker, REMAX Centre City Realty Inc

Listed By
RE/MAX ADVANTAGE REALTY LTD.