102 - 484 RICHMOND St E, London East, N6A 3E6

Listing Overview

Description

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.

138 days

On Market

Sale Of Business

Property Type

$500 / Year

Est. Taxes

Without Property

Style

Restaurant

Business Type

N

Franchise