398 Richmond Street, London East (East K), Ontario

$99,000

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1,330

Square feet

About 398 Richmond Street

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:6289)

More Info on this East K MLS® listing

398 Richmond Street is a listing for sale in London East (East K). The MLS® number is X13660734. It covers 1,330 square feet. It's currently listed for $99,000. For more details on MLS® X13660734, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in East K is available now!

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Features of 398 Richmond Street

Listing # X13660734
Price $99,000
Square Footage 1,330
Type Business

Community Information

Address 398 Richmond Street
Area East K
Subdivision East K
City London East (East K)
Province Ontario
Postal Code N6A3C7

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced air, Natural gas
Cooling Fully air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description 24.05 x 54.51 FT

Additional Information

Zoning DA1

Listing Details

OfficeROYAL LEPAGE TRILAND REALTY

Listing Map

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