398 RICHMOND STREET
London East (East K), Ontario N6A3C7
- 1330 sqft
- Business
Listed by ROYAL LEPAGE TRILAND REALTY
14 photos
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:37124)
Property details
| Price | $99,000 |
|---|---|
| Status | Active |
| Transaction | For sale |
| Property type | Business |
| Living area | 1330 square feet |
| Lot size | 24.05 x 54.51 FT |
| Frontage | 24 |
| Zoning | DA1 |
| Heating | Forced air, Natural gas |
| Cooling | Fully air conditioned |
| Water | Municipal water |
| Listed on | Aug 11, 2026 |
| MLS® number | X13660734 |
Location
All listing details (30)
| Business Type | Retail and Wholesale |
|---|---|
| City | London East (East K) |
| City Region | East K |
| Cooling | Fully air conditioned |
| Country | Canada |
| Directions | Richmond and Dundas |
| Fireplace YN | No |
| Frontage Length Numeric | 24 |
| Frontage Length Numeric Units | feet |
| Geocode Manual YN | No |
| Heating | Forced air, Natural gas |
| Internet Address Display YN | Yes |
| Internet Entire Listing Display YN | Yes |
| List AOR | London and St. Thomas |
| List Price | 99000 |
| Living Area | 1330 |
| Living Area Units | square feet |
| Lot Size Dimensions | 24.05 x 54.51 FT |
| Original Entry Timestamp | 2026-08-11T12:20:38.06Z |
| Photos Count | 14 |
| Postal Code | N6A3C7 |
| Property Sub Type | Business |
| Standard Status | Active |
| State Or Province | Ontario |
| Street Name | Richmond |
| Street Number | 398 |
| Street Suffix | Street |
| Tax Annual Amount | 0 |
| Water Source | Municipal water |
| Zoning Description | DA1 |
Listing courtesy of
Listing brokerage
ROYAL LEPAGE TRILAND REALTY
103-240 WATERLOO STREET, LONDON, Ontario
Listing agent
SATYAM PRASHAR
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