NewFor Sale

Unit 107 & 108 - 379 Dundas Street
London East, Middlesex, ON, N6B 1V5

Sale Of Business
TRREB
MLS® Number: X12826436
$269,000List Price
Sale Of BusinessProperty Type
1,750 sq ftSize
Convenience/VarietyBusiness Type
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Property Location

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Listing History

Buy/sell history for 379 Dundas Street 107 & 108, London East, ON N6B 1V5

0 Transactions by CPRB Agents

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Description

Well Established and reputable Convenience Store Ideally Located At The Base Of Two Busy Residential Condo Towers With Over 500 Units. Positioned On The First Floor And Constant Foot Traffic, This Prime Location Benefits From Immediate Proximity To The Marriott Hotel, Nearby Catholic High School, And The Vibrant Downtown Core, Ensuring A Strong, Diverse, And Loyal Customer Base Year-Round. This Well-Established Business Generates Stable Monthly Sales Of Approximately $60,000 Excluding Lottery Revenue, Delivering Strong And Reliable Profits. With Cigarette Sales accounting for only about 15% of Total Revenue. Unlike Other Stores, This Location Stays Busy All Weekend With Hotel Guests Right Next Door, Ensuring High Sales And A Steady Stream Of Ready-To-Spend Customers. The Store Demonstrates A Healthy And Modern Product Mix. Beer, Wine, And Ready-To-Drink (RTD) Beverage Sales Are Rapidly Growing, Providing Excellent Opportunities For Continued Revenue Expansion And Increased Profitability. The Store Features An Efficient And Optimized Layout about 1,750 Square Feet, Maximizing Retail Display, Customer Convenience, And Operational Efficiency. Exceptionally Low Maintenance And Utility Costs With A Fixed Fee Structure Ensure Predictable Expenses And Strong Net Income. Owned And Successfully Operated By The Same Owner For 10 Years, This Business Offers Proven Stability And Performance. A Favourable New Lease Term Of 5 + 5 Years Is Available. Don't miss out this rare opportunity

Features

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Amenities

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Summary

Listing #:X12826436
Property Type:Sale Of Business
Size:1,750 sq ft
Days on CPRB:
Garage:Outside/Surface
Locker:None
On CPRB Since:
Listing Brokerage:CENTURY 21 NEW CONCEPT

Rooms

Details

Property

Property Type:Sale Of Business
Community:East K
Municipality:Middlesex

Building

Size:1,750 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Rooms:0
Family Room:No

Parking

Garage Type:Outside/Surface
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Open
Utility Sewer:Sanitary+Storm

Land

Cross Street:Dundas St And Colborne St

$269,000

List price

Unit 107 & 108 - 379 Dundas Street, London East – Sale Of Business for sale