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New · Listed Aug 11, 2026 · 77 days on market

398 Richmond Street, London East, ON N6A 3C7

$99,000

Commercial · Sale Of Business · 1330 sq ft · For Sale

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!

Property summary

TypeCommercial
SubtypeSale Of Business
Business typeConvenience/Variety
Building area1330 Square Feet
Lot size24.05 × 54.51 ft
GarageNone
PossessionFlexible
OccupantOwner
Property
Lot width24.05
Lot depth54.51
Power & Services
Heating typeGas Forced Air Closed
UtilitiesAvailable
Zoning & Taxes
Tax year2025
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Data provided by TRREB. Listed by ROYAL LEPAGE TRILAND REALTY.

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