262 Dundas St, London East, N6A 1H3

Listing Overview

Description

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!

126 days

On Market

Sale Of Business

Property Type

$6,134 / Year

Est. Taxes

With Property

Style

Convenience/Variety

Business Type

N

Franchise