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$150,000
Available - For Sale
Listing ID: X12482602
Mall Retail Business For Sale. Ellen's Childrens Shoes - 'Perfectly Fit by Ellen'. An Established & Successful Children's Footwear Store. Attention Entrepreneurs, here's a chance to take over a thriving footwear business with a proven 33-year track record of success. Located in the high-traffic Sherwood Forest Mall, London, Ontario. Surrounded by multiple AAA Retailers anchoring this Mall, PERFECTLY FIT by ELLEN, offers easy access and steady daily foot traffic for families and frequent shoppers. Retail Draws Include: GoodLife Fitness(4000 members), Food Basics, Shoppers Drug Mart, Dollarama, Bernie's Restaurant, Tim Hortons, Subway, Pizza Pizza, Burger King, Pet Value, and Petro Canada with a McDonalds restaurant. The area directly surrounding the mall is bustling with additional traffic and opportunity with: TD Bank, Sir Frederick Banting school (1,600 students), Medway Community Centre (featuring ice pads), the Canada Games Aquatic Centre(public swimming pools), and a University of Western student residence (600 students). Total Space = 1,150sqft. Store Features: Large open concept retail area, Large storage area with shelving, Private 2pc bathroom, Kitchenette, and Office. This turnkey operation is perfect for an owner-operator or investor. Seller (Ellen) is open to staying on during transition, to ensure your continued success. Existing Lease Term - 5yrs ending 2029, with 5yr optional extension. Rent is $18.90/sqft + cam & taxes, estimated total = $3,860.87/month in 2025. Gradual increases from 2026-2029 up to $21.50/persqft in Year 5. Sale of the Business is plus the Cost of Inventory at Completion Date and Includes: Existing Lease, Business Name and Facebook Business Page with 5,500 followers, and over 3 decades of continued success to a loyal and always growing customer base. Take advantage of this rare opportunity to own a recession resistant, community-trusted retail business, in one of London's busiest retail hubs. Inquire today to learn more.
Price $150,000
Taxes: $3,860.87
Tax Type: TMI
Monthly Condo Fee: $884
Occupancy by: Owner+T
Address: 1225 Wonderland Road North , London North, N6G 2V9, Middlesex
Postal Code: N6G 2V9
Province/State: Middlesex
Legal Description: BLOCK D P CAN 975, PPS 29+30 33R20602 SU
Directions/Cross Streets: Wonderland Rd North & Gainsborough Rd
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Without Property
Use: Footwear
Building Percentage: F
Total Area: 1,150
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit   Recreation/Comm
Business/Building Name: Perfectly Fit By Ellen Inc
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: Store o
Employees #: 2
Seats: 15
Maintenance: 0
Sprinklers: Yes
Heat Type: Other
Central Air Conditioning: Yes
Water: Water Sys
Water Supply Types: Water System
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THE REALTY FIRM INC.

1225 Wonderland Road North , London North, N6G 2V9, Middlesex


 
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Type: Com - Sale Of Business
Area: Middlesex
Municipality: London North
Neighbourhood: North I
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Tax: $3,860.87
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Baths: 1
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