163 Dundas Street E, London East, ON N6A 1G4
London East, ON, N6A 1G4 · East E
About this property
Turnkey Convenience Store Business for Sale. An outstanding opportunity to acquire a highly successful, long-established convenience store with a remarkable history spanning over six decades. Located at one of London's most recognized and busiest intersections-Dundas Street and Richmond Street-this thriving business enjoys exceptional visibility in the heart of the city's downtown entertainment and commercial district. Surrounded by restaurants, cafes, retail boutiques, nightlife, office towers, and major cultural destinations, the store also benefits from its close proximity to Fanshawe College's Downtown Campus, ensuring strong pedestrian traffic and a loyal, year-round customer base. Business Highlights: Premier Downtown Location with outstanding exposure and consistent walk-in traffic. Liquor Licence Approved, creating excellent opportunities for future growth and increased revenue. Multiple, diversified income streams including cigarettes, lottery, convenience merchandise, ATM services, and additional retail sales. Strong Financial Performance with year-to-date average monthly gross sales of approximately $45,500, including lottery commissions and ancillary product sales. Affordable Occupancy Costs: Monthly rent of $3,539.73 (inclusive of TMI and HST). Long-Term Lease Security: Lease in place until October 31, 2031, with renewal/extension options available. The business can offer inventory worth $25k- $30K at extra charges upon possession. Whether you are an experienced operator or an entrepreneur seeking a proven, cash-flowing business in one of London's highest-profile retail corridors, this is a rare turnkey opportunity with exceptional long-term potential. Opportunities of this caliber in Downtown London are seldom available-don't miss your chance to own this established and profitable business.
Features & Amenities
- Garage: None
- Cooling: Yes
- Heat Type: Other
Property Details
| Property Type | Commercial |
|---|---|
| Property Sub-Type | Sale Of Business |
| Garage | None |
| Heat Type | Other |
| Cooling | Yes |
| Tax Year | 2025 |
Building & Construction
- Building Area Total
- 650
Heating & Cooling
- Heat Type
- Other
- Cooling
- Yes
Parking & Garage
- Garage Type
- None
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 0.00
- Lot Width
- 0.00
Community & Neighborhood
- Community Features
- Public Transit
Financial & Tax
- Tax Year
- 2025
- Possession Type
- 1-29 days
- Possession Details
- Flexible
Additional Details
- Occupant Type
- Owner
- County Or Parish
- Middlesex
- Cross Street
- Dundas St and Richmond St
- Directions
- Dundas St and Richmond St S/E Corner Lot
- Showing Requirements
- Showing System
Location
163 Dundas Street E, London East, ON N6A 1G4, London East, ON, N6A 1G4