163 Dundas Street E, London East, ON N6A 1G4
London East, ON N6A 1G4
About this property
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. The main retail store is about 25.5' x 16.25' in size. 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, cafes, 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 $45,500, 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 can offer inventory worth $7.5k- $10K at extra charges 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 caliber in Downtown London are seldom available-don't miss your chance to own this established and profitable business.
Property facts & features
- Property type
- Sale Of Business
- MLS® number
- X14100930
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- Not provided
- Reported interior area
- 650
- Neighbourhood
- Not provided
- Postal code
- N6A 1G4
- Garage
- None
- Lot depth (source units)
- 0
- Annual property tax
- 0
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $99,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in London East →Listing brokerage: ROYAL LEPAGE TRILAND REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X14100930. Information deemed reliable but not guaranteed.