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    For Sale - 163 Dundas Street, London East, Ontario

    Est payment $475/mo
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    Views   1
    Time on Jump  3 day

    AI Summary *

    • Turnkey convenience store with over six decades of successful operation.
    • Prime downtown location offers excellent visibility and foot traffic.
    • Liquor licence approved for potential growth and revenue increase.
    • Diverse income from cigarettes, lottery, and convenience merchandise.
    • Strong financial performance with average monthly sales around $45,500.




    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. The main retail store is about 25. 5' x 16. 25' in size. 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 $7. 5k- $10k 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.
    Listing IDX14100930
    Address163 Dundas Street
    CityLondon East, Ontario
    Price$99,000
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessCommunity Features Public TransitBasement 1Heating / Cooling Other

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    Listing Brokerage: ROYAL LEPAGE TRILAND REALTY

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    163 Dundas Street
    London East , Ontario
    $99,000
    Get more info