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Active

$99,000

398 Richmond St

London East, ON N6A 3C7

398 Richmond St, London EastListed at $99,000 Sale Of Business. MLS® X13660734.

Possession · seller's timeline

Flexible (Owners Running the Business)

1,330Sq Ft
Convenience/Variety
Sale Of 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

Property TypeSale Of Business
CommunityEast K
Lot Dimensions24.05 × 54.51 ft
Dir/Cross StRichmond and Dundas
Garage TypeNone
Heating TypeGas Forced Air Closed
A/CYes
HSTNot Subject to HST
SecurityNo
Listed Date8/11/2026
Days on Market41 days
PossessionOwners Running the Business

Business Details

Property Sub-TypeSale Of Business
Business TypeConvenience/Variety
Property UseWithout Property
Occupant TypeOwner
Hours of OperationMon-Tues 6 am - 9:30 pm; Sat 7am-9 pm; Sun 8am - 8pm
FranchiseNo
Chattels IncludedYes
Financial StatementsAvailable
Showing RequirementsSee Brokerage Remarks, Showing System, List Salesperson
Possession TypeFlexible
Listing Expires11/10/2026

Commercial Space & Financials

Retail Area1,330 Sq Ft
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: ROYAL LEPAGE TRILAND REALTY

MLS® #X13660734

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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