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For Sale · London East

398 Richmond Street

London, ON · MLS® X13660734

Listing courtesy of ROYAL LEPAGE TRILAND REALTY

$99,000

398 Richmond Street — photo 1
Bedrooms
0
Bathrooms
0
Square Feet
Year Built
Lot Size
24.05 × 54.51 Feet
Property Type
Sale Of Business
Neighbourhood
London East
Status
For Sale

About this home

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!

Features

  • Garage: None
  • Cooling: Yes
  • Heating: Gas Forced Air Closed

Location

Approximate location, geocoded from the listing address.

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