Gerry Lantaigne - Sutton Logo
$99,000
( $74.44Per Sq Foot )
 $531 est/mo Sourced by Back At You

398 Richmond Street,London East (East K), ON N6A3C7

London East (East K), ON N6A3C7

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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! (id:374)

Details

MLS #X13660734
Listing TypeFor Sale
StatusActive
Days On Site10
Listing Provided ByROYAL LEPAGE TRILAND REALTY | SATYAM PRASHAR

Features

SQ Feet1,330
ZoningDA1

Taxes

Tax Annual Amount0

Area Information

ProvinceON
CityLondon East (East K)
Postal CodeN6A3C7
Listing VS Median (in N6A3C7)
Price:
$99,000
low | high
Med:
$885,000
100% of Average
sqft:
1,330
low | high
Med:
3,203
90.827067669173% of Average
$ / sqft:
$74
low | high
Med:
$276
100% of Average
On site:
10
low | high
Med:
10
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Gerry Lantaigne

Gerry Lantaigne

Sutton Group - Muskoka Realty Brokerage

Sales Representative, (705) 380-1710gerryl@sutton.com
ProvinceON
CityLondon East (East K)
Postal CodeN6A3C7
Listing VS Median (in N6A3C7)
Price:
$99,000
low | high
Med:
$885,000
100% of Average
sqft:
1,330
low | high
Med:
3,203
90.827067669173% of Average
$ / sqft:
$74
low | high
Med:
$276
100% of Average
On site:
10
low | high
Med:
10
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $74K - $123K
sqft: 998 - 1,500
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B - 189 DUNDAS STREET Property Photo 1
$1,950
B - 189 Dundas Street
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192 DUNDAS STREET Property Photo 1
$299,900
192 Dundas Street
London East (east F), ON N6A1G4
Listing Updated: August 11, 2026 at 10:59:45 AM PDT