130 King Street, London East (East K) - Business for Sale
130 King Street, London East (East K), Ontario, N6A1C5
This business in London East is for sale offering roughly 193 sq ft of space. It has been on the market 2 days, fresher than the London East average of 87 days.
Description
Own a standout bakery and café in the heart of downtown London at the historic Covent Garden Market. 'Delight' specializes in viral, realistic fruit pastries and generates approximately **$264,000 in annual net sales (excluding HST)**, with strong gross profit margins. This fully equipped, turnkey business includes existing staff, established supplier relationships, and a proven product assortment, with no baking experience required. Enjoy significantly lower overhead than a standalone shop, with base rent of just $895.56/month. The market itself is a lively destination filled with diverse merchants, special events, and year-round activity that keeps the market busy. Two active wholesale accounts provide additional revenue, with a third potential partnership in discussion. With established retail sales and opportunities to expand wholesale distribution, this is an exciting opportunity to grow within a vibrant, high-traffic market destination. (id:66096)
Property Details
- MLS®
- X14140128
- Property Type
- Business
- Business Type
- Food Services and Beverage
- Zoning
- N/A
- Interior Size
- 193 ft²
- Building Area
- 193 ft²
- Heating
- Other
- Cooling
- Fully air conditioned
- Garage
- Other
- Listed
- 2 days ago
Features
- Lot Features
- Elevator
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 2 days on market, against an average age of 87 days across the listings currently for sale in this city
This business in London East (East K) has been listed for 2 days, which is 85 days fresher than the city average of 87. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N6A)
This home lists at $99,000, about 1.6× the local median household income of $61,200.
Carrying it typically needs a household income of about $19,338 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $61,200
- Population
- 13,810
- Median age
- 34
- Owner / renter
- 29% / 71%
- Avg. household size
- 1.8
Source: Statistics Canada, 2021 Census (FSA N6A)
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$99,000
London East