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    For Sale - 379 Dundas Street Unit# 107 & 108, London East, Ontario

    Est payment $1,292/mo
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    Views   3
    Time on Jump  37 day

    AI Summary *

    • Convenient store located at the base of busy residential condos.
    • Strong monthly sales of approximately $60,000 excluding lottery revenue.
    • High foot traffic with a diverse customer base year-round.
    • Growing sales in beer, wine, and ready-to-drink beverages.
    • Optimized layout and low maintenance costs ensure efficient operations.




    Well established and reputable convenience store ideally located at the base of two busy residential condo towers with over 500 units. Positioned on the first floor and constant foot traffic, this prime location benefits from immediate proximity to the marriott hotel, nearby catholic high school, and the vibrant downtown core, ensuring a strong, diverse, and loyal customer base year-round. This well-established business generates stable monthly sales of approximately $60,000 excluding lottery revenue, delivering strong and reliable profits. With cigarette sales accounting for only about 15% of total revenue. Unlike other stores, this location stays busy all weekend with hotel guests right next door, ensuring high sales and a steady stream of ready-to-spend customers. The store demonstrates a healthy and modern product mix. Beer, wine, and ready-to-drink (rtd) beverage sales are rapidly growing, providing excellent opportunities for continued revenue expansion and increased profitability. The store features an efficient and optimized layout about 1,750 square feet, maximizing retail display, customer convenience, and operational efficiency. Exceptionally low maintenance and utility costs with a fixed fee structure ensure predictable expenses and strong net income. Owned and successfully operated by the same owner for 10 years, this business offers proven stability and performance. A favourable new lease term of 5 + 5 years is available. Don't miss out this rare opportunity
    Listing IDX12826436
    Address379 Dundas Street Unit# 107 & 108
    CityLondon East, Ontario
    Price$269,000
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessHeating / Cooling Gas Forced Air OpenSewer 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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    379 Dundas Street Unit# 107 & 108
    London East , Ontario
    $269,000
    Get more info