The Jennifer Jones Team, LPT Realty, Brokerage
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London East (East K), ON

398 RICHMOND STREET

$99,000

Listed by
ROYAL LEPAGE TRILAND REALTY
SATYAM PRASHAR, Salesperson

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business at 398 RICHMOND STREET, London East (East K), ON
398 RICHMOND STREET, London East (East K), ON, photo 2398 RICHMOND STREET, London East (East K), ON, photo 3

Property facts

Price
$99,000
Type
business
Bedrooms
0
Bathrooms
0
Size
1,330 sq ft
MLS®
X13660734
Status
active
Brokerage
ROYAL LEPAGE TRILAND REALTY

About this home

Description provided by the listing brokerage

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!

Location

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