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    For Sale - 398 Richmond Street, London East, Ontario

    Est payment $475/mo
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    Views   1
    Time on Jump  53 day

    AI Summary *

    • Well-established convenience store with nearly 30 years of operation.
    • Located in a busy area with excellent exposure.
    • Attractive lease rate of $2,900/month plus HST.
    • Average weekly sales around $8,500 with strong revenue potential.
    • Turnkey opportunity for both experienced and new business owners.




    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!
    Listing IDX13660734
    Address398 Richmond Street
    CityLondon East, Ontario
    Price$99,000
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessBasement 1Heating / Cooling Gas Forced Air Closed

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    Listing Brokerage: ROYAL LEPAGE TRILAND REALTY

    * 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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    398 Richmond Street
    London East , Ontario
    $99,000
    Get more info