$99,000
398 Richmond St
London East, ON N6A 3C7
398 Richmond St, London East — Listed at $99,000 Sale Of Business. MLS® X13660734.
Possession · seller's timeline
Flexible (Owners Running the Business)
Description
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!
Property Details
Business Details
Commercial Space & Financials
Property Insights
Listing Courtesy of: ROYAL LEPAGE TRILAND REALTY
MLS® #X13660734


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