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557 Wellington Road

Crabby Joe's
London
4,500 Sq Ft
Bar & Grill Franchise
Licensed for 216 + 108 on patio

VERY PROFITABLE AND HIGH PERFORMING CRABBY JOE’S BAR & GRILL FRANCHISE LOCATED IN A GREAT AREA OF LONDON DIRECTLY ACROSS THE STREET FROM A MAJOR HOSPITAL COMPLEX. BOASTING SALES OF WELL OVER $3,000,000 + AND YEARS OF CONSISTENCY.

THE KITCHEN FEATURES A 25 FT HOOD, 3 WALK-INS, AND TOP OF THE LINE EQUIPMENT. LARGE 4,925 SQ FT RECTANGULAR LAYOUT WITH LARGE PATIO, LICENSED FOR 216 INSIDE AND 108 ON THE SUNNY PATIO. RECENTLY EXPANDED PATIO WITH ADDITIONAL TABLES.

BIG CONSISTENT SALES AND 10% NOI ON TOP OF OWNER SALARIES ARE WHAT YOU’LL FIND HERE. ROYALTIES ARE 5% + 2%, AND THERE IS A BRAND-NEW LEASE OF $15,468 GROSS WITH A TERM OF 10 + 5 + 5. AAA OPPORTUNITY!!!

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