$139,900
Available - For Sale
Listing ID: X13572600
163 Dundas Street East , London East, N6A 1G4, Middlesex
| Turnkey Convenience Store Business for Sale. An outstanding opportunity to acquire a highly successful, long-established convenience store with a remarkable history spanning over six decades. Located at one of London's most recognized and busiest intersections-Dundas Street and Richmond Street-this thriving business enjoys exceptional visibility in the heart of the city's downtown entertainment and commercial district.Surrounded by restaurants, cafés, retail boutiques, nightlife, office towers, and major cultural destinations, the store also benefits from its close proximity to Fanshawe College's Downtown Campus, ensuring strong pedestrian traffic and a loyal, year-round customer base.Business Highlights:Premier Downtown Location with outstanding exposure and consistent walk-in traffic.Liquor Licence Approved, creating excellent opportunities for future growth and increased revenue.Multiple, diversified income streams including cigarettes, lottery, convenience merchandise, ATM services, and additional retail sales.Strong Financial Performance with year-to-date average monthly gross sales of approximately $64,400, including lottery commissions and ancillary product sales. Affordable Occupancy Costs: Monthly rent of $3,539.73 (inclusive of TMI and HST). Long-Term Lease Security: Lease in place until October 31, 2031, with renewal/extension options available. The business also offers on hand inventory worth $30,000.00 upon possession. Whether you are an experienced operator or an entrepreneur seeking a proven, cash-flowing business in one of London's highest-profile retail corridors, this is a rare turnkey opportunity with exceptional long-term potential.Opportunities of this calibre in Downtown London are seldom available-don't miss your chance to own this established and profitable business. |
| Price | $139,900 |
| Taxes: | $0.00 |
| Tax Type: | Annual |
| Occupancy: | Owner |
| Address: | 163 Dundas Street East , London East, N6A 1G4, Middlesex |
| Postal Code: | N6A 1G4 |
| Province/State: | Middlesex |
| Legal Description: | NONE |
| Directions/Cross Streets: | Dundas St and Richmond St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Without Property |
| Use: | Convenience/Variety |
| Total Area: | 650.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Business/Building Name: | D & R Smoke Shop |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | Mon-Fri |
| Employees #: | 1 |
| Seats: | 0 |
| Washrooms: | 0 |
| Heat Type: | Other |
| Central Air Conditioning: | Yes |
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| ROYAL LEPAGE TRILAND REALTY |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Middlesex |
| Municipality: | London East |
| Neighbourhood: | East E |
| Fireplace: | N |
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