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272 Queen St. E., Brampton, Ontario L6V 1B9

Phone: 905-454-1100  Toll: 1-877-306-4776

397 Thompson Rd

London, Ontario
$315,000
For Sale
MLS© ID: X4329358

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Excellent Convenience Store In A Good Business Area Of London. The Store Annual Sales Is $1, 040, 000, Low Cigarette Portion Of 45% With 13% Margin. Good Lotto Commission $66, 000 Yearly And Atm $14, 400 Per Year. A New Lease Can Be Arranged. Gross Rent $5, 500 + Hst Monthly.

Extras: Very Consistent And Stable Sales For Last 30 Years With Good Clienteles. All In All, It Generates About $240K Yearly Net Income Under The Owner Operation. Enough Parking Space On The Ground.

Property Features

  • Directions/Cross Streets: Thompson & King Edward
  • Lot Size Code: Feet
  • Tax Year: 2018
  • Property #: X4329358
  • Sale/Lease: Sale
  • Country: Canada
  • Province: Ontario
  • Municipality: London
  • Business Type: Convenience/Variety
  • Garage Type: Plaza
  • Legal Description: Pt Lts 247 & 248 Plan 836 As In 856989
  • Lot Depth: 238.00
  • Lot Front: 230.00
  • Type: Sale Of Business
  • Category: Without Property
  • Chattels: Y
  • Financial Statement: N
  • Franchise: N
  • Freestanding: Y
  • Hours Open: 10
  • LLBO: N
  • Lot/Bldg/Unit Code: Lot
  • Retail Area: 2000
  • Retail Area Code: Sq Ft
  • Sprinklers: N
  • Total Area Code: Sq Ft
  • Type Taxes: N/A
  • Utilities: Y
  • Air Conditioning: Y
  • Heat Type: Gas Forced Air Open
  • Water: Municipal
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