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$ 99,000
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Active
398 Richmond ST London East, ON N6A 3C7
1,330 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,330 sqft
Price per Sqft $74
Subdivision East K
MLS Listing ID X13660734
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
ATTENTION BUSINESS BUYERS - YOUR SEARCH STOPS HERE! A rare opportunity to take over a well-established convenience store with nearly three decades of proven operation! Successfully operated by the same owners since 1998, this business is now being offered for sale as the owners are ready to retire after an incredible run. Located on Richmond Street, near the busy Richmond & Dundas area, this convenience store benefits from excellent exposure and a convenient location. The business offers an attractive lease rate of only $2,900/month + HST, providing an excellent opportunity for an owner-operator looking to step into an established business with a loyal customer base. Average weekly sales of approximately $8,500 plus monthly Lotto commissions of approximately $1,700 provide multiple revenue streams and strong potential for a motivated new owner to build upon the existing success. After 27+ years of continuous ownership and operation, opportunities like this don't come around often. Whether you're an experienced operator or looking to enter the convenience-store business, this is a turnkey opportunity worth exploring. Act now - established business, proven history, attractive lease, and prime location!
Location
Province ON
County Middlesex
Area Middlesex
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 24.05
Lot Depth 54.51
Others
Security Features No
ParcelsYN No
Listed by ROYAL LEPAGE TRILAND REALTY
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145 Wharncliffe Rd S, London, ON N6J 2K4, CAN
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