398 Richmond Street London East, Ontario N6A 3C7
$99,000
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! (id:28006)
Business
| Business Type | Retail and Wholesale |
| Business Sub Type | Convenience store |
Property Details
| MLS® Number | X13660734 |
| Property Type | Business |
| Community Name | East K |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,330 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 54 Ft ,6 In |
| Size Frontage | 24 Ft |
| Size Irregular | 24.05 X 54.51 Ft |
| Size Total Text | 24.05 X 54.51 Ft |
| Zoning Description | Da1 |
https://www.realtor.ca/real-estate/30139636/398-richmond-street-london-east-east-k-east-k
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August 11 2026 12:20:38
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