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    For Sale - 262 Dundas Street, London East, Ontario

    Est payment $1,916/mo
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    Views   3
    Time on Jump  128 day

    AI Summary *

    • Prime location in busy downtown, right across from the central library.
    • Average monthly sales around $28,000 with stable customer traffic.
    • Lotto commissions bring in an additional $2,000 monthly.
    • Magazines contribute significantly, offering a healthy profit margin.
    • Potential for growth through longer hours and expanded product offerings.




    Excellent opportunity to purchase a convenience store building in a prime and busy downtown core. Located directly across from the central public library, surrounded by numerous office buildings and banks. Currently operated with short business hours: monday to friday: 7:30am - 6:00pm, saturday to sunday: 8:30am - 5:00pm. Average monthly sales are approximately $28,000. Lotto commission averages about $2,000 per month. Magazines account for 50% of total sales with a profit margin of 20%. There is significant potential to increase revenue through extended hours, expanded product selection, and the addition of beer and wine sales. The current owner has successfully operated this business for 24 years and is now planning to retire. Don't miss this great opportunity!
    Listing IDX12810826
    Address262 Dundas Street
    CityLondon East, Ontario
    Price$399,000
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessBasement 1Heating / Cooling Gas Forced Air ClosedSewer Sanitary+Storm

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    Listing Agency:  CENTURY 21 NEW CONCEPT

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    262 Dundas Street
    London East , Ontario
    $399,000
    Get more info