Salehian.com 647-325-5000

142 Fullarton Street 5

East F, London East, N6A 5P3

$199,999

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Listed 74 days ago · MLS® X13652592

About this home

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.

Details

Type
Sale Of Business
Garage
Underground
Neighbourhood
East F
Municipality
London East

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes
Utilities
Yes

Building and exterior

Building area
500 Square Feet

More

Possession
flexible
Cross street
Richmond St
Business type
Restaurant

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Very walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 4 grocery stores, 91 cafés and restaurants, 18 parks, 1 pharmacy. Nearest grocery: Sacred Earth Vegan Market (300 m). Nearest park: Market Lane (250 m).

Schools nearby

Elementary

  • Jeanne-Sauvé Public School
    EQAO: Gr 6 reading 97%, math 58%    18 min walk
  • Lord Roberts Public School18 min walk
  • St George's Public School Catholic
    EQAO: Gr 6 reading 90%, math 81%    1.5 km
  • Victoria Public School
    EQAO: Gr 6 reading 42%, math 5%    1.5 km

Secondary

  • London Central Secondary School
    EQAO: Gr 9 math 81%, literacy test 91%    11 min walk
  • Catholic Central High School Catholic
    EQAO: Gr 9 math 57%, literacy test 89%    17 min walk
  • H.B. Beal Secondary School
    EQAO: Gr 9 math 56%, literacy test 79%    1.4 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N6A

Owners / renters
29% / 71%
Median household income
$61,200
Average age
41
Children under 15
7%
Homes
19% detached, 55% high-rise
Commute by transit
12%
Population
13,810

Languages spoken most at home besides English: Spanish 1.1%, Mandarin 1%, Portuguese 0.8%, Arabic 0.6%.

Safety

Crime Severity Index for London police: 73 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX ADVANTAGE REALTY LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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