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398 Richmond Street, London East, ON N6A 3C7

London East, ON, N6A 3C7 · East K

Sq Ft
Sale Of Business Type
X13660734 MLS#

About this property

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 & Amenities

  • Garage: None
  • Cooling: Yes
  • Heat Type: Gas Forced Air Closed

Property Details

Property Type Commercial
Property Sub-Type Sale Of Business
Garage None
Heat Type Gas Forced Air Closed
Cooling Yes
Tax Year 2025

Building & Construction

Building Area Total
1330

Heating & Cooling

Heat Type
Gas Forced Air Closed
Cooling
Yes

Parking & Garage

Garage Type
None
Parking Spaces
0

Lot & Land

Lot Size Units
Feet
Lot Depth
54.51
Lot Width
24.05

Financial & Tax

Tax Year
2025
Possession Type
Flexible
Possession Details
Owners Running the Business

Utilities & Services

Utilities
Available

Additional Details

Occupant Type
Owner
County Or Parish
Middlesex
Cross Street
Richmond and Dundas
Directions
Richmond and Dundas
Showing Requirements
See Brokerage Remarks, Showing System, List Salesperson

Location

398 Richmond Street, London East, ON N6A 3C7, London East, ON, N6A 3C7

Listing courtesy of ROYAL LEPAGE TRILAND REALTY
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