Salehian.com 647-325-5000

484 Richmond Street

East F, London East, N6A 3E6

$60,000

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Listed 41 days ago · MLS® X13762834

About this home

Well-established and highly rated ice cream shop located in the heart of downtown London, offering a true turnkey opportunity for entrepreneurs and investors alike. A recognizable name in the local dessert scene, featuring one of the first hand-rolled ice cream concepts introduced to the London market, this business has built strong brand awareness and a loyal customer base over the years. Updated with over $20,000 in improvements in 2024, this beautifully maintained space is designed for both efficiency and an elevated customer experience. Featuring a diverse and in-demand menu including rolled ice cream, scoops, buffet-style options, milkshakes, soft drinks, snacks, hot chocolate, and frozen cakes, with strong potential to expand offerings and increase revenue.The business benefits from excellent brand recognition, strong online reviews, and an active social media presence. The functional layout includes a private washroom and a dedicated back office/storage area, supporting smooth day-to-day operations. All equipment and chattels are included, allowing for a seamless transition for the next owner. Positioned in a high-exposure location with strong pedestrian traffic and approximately over 20,000 + vehicles passing daily, offering outstanding visibility and consistent customer flow.Attractive lease in place with favourable terms, including one designated parking space. Turnkey opportunity with systems in place, ready for immediate takeover and continued growth. A rare chance to acquire a well-established business in a prime downtown location.

Details

Type
Sale Of Business
Lot
71.86 × 100.25 ft
Garage
None
Neighbourhood
East F
Municipality
London East

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes

More

Possession
Immediate
Cross street
Richmond St
Business type
Fast Food/Takeout

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, 96 cafés and restaurants, 15 parks, 1 pharmacy. Nearest grocery: Sacred Earth Vegan Market (400 m). Nearest park: Market Lane (350 m).

Schools nearby

Elementary

  • Lord Roberts Public School16 min walk
  • Jeanne-Sauvé Public School
    EQAO: Gr 6 reading 97%, math 58%    19 min walk
  • St George's Public School Catholic
    EQAO: Gr 6 reading 90%, math 81%    1.4 km
  • Victoria Public School
    EQAO: Gr 6 reading 42%, math 5%    1.7 km

Secondary

  • London Central Secondary School
    EQAO: Gr 9 math 81%, literacy test 91%    8 min walk
  • Catholic Central High School Catholic
    EQAO: Gr 9 math 57%, literacy test 89%    15 min walk
  • H.B. Beal Secondary School
    EQAO: Gr 9 math 56%, literacy test 79%    1.3 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 SUTTON GROUP - SELECT REALTY.

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

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