262 Dundas Street, London East, ON N6A 1H3

London East N6A 1H3 Ontario

MLS: X12269572

$429,000

Added 62 days ago | For Sale

Listed by: CENTURY 21 NEW CONCEPT

About Property

Excellent Opportunity To Purchase A Convenience Store Building In A Prime And Busy Downtown Core. Located Directly Across From The Central Public Library, Surrounded By Numerous Office Buildings And Banks.Currently Operated With Short Business Hours: Monday To Friday: 7:30AM - 6:00PM, Saturday To Sunday: 8:30AM -5:00PM.Average Weekly Sales Are Approximately $7,000. Lotto Commission Averages About $2,000 Per Month. Magazines Account For 50% Of Total Sales With A Profit Margin Of 20%.There Is Significant Potential To Increase Revenue Through Extended Hours, Expanded Product Selection, And The Addition Of Beer And Wine Sales.The Current Owner Has Successfully Operated This Business For 24 Years And Is Now Planning To Retire.Don't Miss This Great Opportunity!

Features

  • House Style:Sale Of Business
  • Bathrooms:
  • Land Size: 14.52 X 111
  • Water:Municipal
  • Garage Spaces: /Other
  • Driveway:
  • Heating Fuel:
  • Cross Street:Wellington St. & Dundas St.
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes: $6134.31
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12269572

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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