5 - 142 Fullarton Street, London East
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. (id:1945)
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Property details for 5 - 142 Fullarton Street, London East
- Type
- Commercial
- Living Area
- 500 square feet
- Parking
- Underground
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
Nearby Listings Stat
Estimated price and comparable properties near 5 - 142 Fullarton Street
Active Listings
216
Min Price
$1
Max Price
$8,250,000
Avg Price
$717,640
Days on Market
77
days
Sold Listings
79
Min Sold Price
$45,000
Max Sold Price
$3,800,000
Avg Sold Price
$624,202
Days until Sold
72
days
Neighbourhood Census Data
London, Ontario
Population
765
Median Age
31.7
Median Income
$31,168
Dwelling Value
$239,784
Housing Tenure
Owners 11%
Renters 90%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.4
Pop. Density: 2,588.0/km²
Avg Shelter Cost: $964/mo
Owners with Mortgage: 0%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 48.9%
English only: 92.2%
English and French: 7.8%
Median Household Income: $39,296
Median Employment Income: $29,146
Price History
Listed
August 7, 2026
by RE/MAX ADVANTAGE REALTY LTD.
Current Price
$199,999
+11.1% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $199,999 | +$20,000 (+11.1%) |
| Aug 10, 2026 | $179,999 | Listed |