MLS: X13660734 Date listed: 2026-08-11
398 Richmond St London East - East K
Sale Of Business For sale
Listed for $ 99,000

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- BEDS
- BATH
1330 SQ. FT.
0 GARAGE
See apartment on the map
- BEDS
- BATH
1330 SQ. FT.
0 GARAGE

Description

Listed by ROYAL LEPAGE TRILAND REALTY

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!

Key Facts:

Property Type: Sale Of Business
Sq. ft. size 1330 sq. ft.
Lot Size: 24.05 x 54.51 feet
Lot Irregularities: PT LT 10 , S/W DUNDAS STREET , AS IN 548951 ; S/T THE RIGHTS OF OWNERS OF ADJOINING PARCELS, IF ANY, UNDER 546966 ; LONDON
Basement: Y
Listing #: X13660734
Days on Site: 84 days
Status Change: 84 days ago
Added to CiRealty: 2026-08-11
Updated on: 2026-08-11
Market Demand:
Buyer’s Market
Balanced
Seller’s Market
Property Details
Property details for 398 Richmond St, London East. Listed for $99,000 on 2026-08-11
Property
Property Type: Sale Of Business
Style: Without Property
Community: East K
Municipality: London East
Utilities
Water: Municipal
Cooling: Y
Heating Type: Gas Forced Air Closd
Building
Size: 1330 sq. ft.
Parking
Garage Type: None
Land
Frontage: 24.05 feet
Depth: 54.51 feet
Cross Street: Richmond and Dundas
Property
Property Type: Sale Of Business
Style: Without Property
Community: East K
Municipality: London East
Building
Size: 1330 sq. ft.
Parking
Garage Type: None
Land
Frontage: 24.05 feet
Depth: 54.51 feet
Cross Street: Richmond and Dundas
Utilities
Water: Municipal
Cooling: Y
Heating Type: Gas Forced Air Closd
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