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$ 269,000
Est. payment /mo
Active Under Contract
379 Dundas ST #107 & 108 London East, ON N6B 1V5
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision East K
MLS Listing ID X12826436
Tax Year 2026
Property Sub-Type Sale Of Business
Property Description
Well Established and reputable Convenience Store Ideally Located At The Base Of Two Busy Residential Condo Towers With Over 500 Units. Positioned On The First Floor And Constant Foot Traffic, This Prime Location Benefits From Immediate Proximity To The Marriott Hotel, Nearby Catholic High School, And The Vibrant Downtown Core, Ensuring A Strong, Diverse, And Loyal Customer Base Year-Round. This Well-Established Business Generates Stable Monthly Sales Of Approximately $60,000 Excluding Lottery Revenue, Delivering Strong And Reliable Profits. With Cigarette Sales accounting for only about 15% of Total Revenue. Unlike Other Stores, This Location Stays Busy All Weekend With Hotel Guests Right Next Door, Ensuring High Sales And A Steady Stream Of Ready-To-Spend Customers. The Store Demonstrates A Healthy And Modern Product Mix. Beer, Wine, And Ready-To-Drink (RTD) Beverage Sales Are Rapidly Growing, Providing Excellent Opportunities For Continued Revenue Expansion And Increased Profitability. The Store Features An Efficient And Optimized Layout about 1,750 Square Feet, Maximizing Retail Display, Customer Convenience, And Operational Efficiency. Exceptionally Low Maintenance And Utility Costs With A Fixed Fee Structure Ensure Predictable Expenses And Strong Net Income. Owned And Successfully Operated By The Same Owner For 10 Years, This Business Offers Proven Stability And Performance. A Favourable New Lease Term Of 5 + 5 Years Is Available. Don't miss out this rare opportunity
Location
Province ON
County Middlesex
Area Middlesex
Interior
Heating Yes
Cooling Yes
Exterior
Utilities Available Yes
Others
Security Features Yes
ParcelsYN No
Listed by CENTURY 21 NEW CONCEPT
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145 Wharncliffe Rd S, London, ON, N6J 2K4, CAN
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