Summary
Long-established Gold Coast convenience store in a central location. 50+ years trading, 130+ customers daily, $11k weekly turnover, ultra-low rent $165/wk. Easy owner-operator business.
Revenue
$11,000 pw
Rent
$165 pw
Expenses
$1,600 pw
Net Profit
$2,500 pw
Location Details
A central Gold Coast position attracts locals, workers, students and passing trade. Strong long-term demand supports consistent foot traffic, making this a resilient business suited to lifestyle buyers or investors seeking stable cash flow.
Potential
This long-established convenience store offers strong foundations with clear upside. Consistent foot traffic and loyal customers provide reliable income, while opportunities exist to expand product lines, improve merchandising, introduce new services or extend trading hours. Low overheads and ultra-cheap rent allow for margin growth, making this an ideal business to optimise and scale for increased profitability.
Skills
This business is well suited to an owner-operator or couple with basic retail or customer service experience. No specialist qualifications are required. Skills in stock control, cash handling, customer service and day-to-day store management will ensure success. The current operation is simple and systems are easy to learn, making it accessible for first-time buyers or those seeking a lifestyle business.
Hours
Currently operated seven days per week 6am - 7:30pm. New owner can adjust hours to suit.
Lease
Secure lease in place with 2 years remaining plus a 5-year option. Exceptionally low rent of $165 per week.
Employees
Currently owner-operated with minimal staffing requirements. Ideal for a husband-and-wife team or hands-on owner looking to reduce wage costs and maximise returns.
Reason for Sale
The business is being offered for sale due to the owner’s upcoming retirement. After many years of successful operation, this is a genuine sale of a well-established, profitable convenience store with strong foundations, consistent income and a loyal customer base ready for a smooth handover to a new owner.
About the Business
This is a rare opportunity to acquire a long-established convenience store in a central Gold Coast location, offering exceptional value, ultra-low overheads and consistent returns. Operating successfully for over 50 years, the business is deeply embedded in the local community and services a diverse mix of residents, nearby workers, students and passing trade.
Positioned in a high-demand inner Gold Coast area, the store benefits from steady foot traffic seven days a week. Its central location near major residential precincts, commercial activity, education facilities and public transport ensures reliable walk-in trade while remaining easy to manage and affordable to operate.
Key business highlights include:
* Established convenience store with over 50 years of continuous operation
* Central Gold Coast location with strong daily foot traffic
* Average of 130+ customers per day
* Weekly turnover of approximately $11,000
* Exceptionally low rent of just $165 per week
* Secure lease with 2 years remaining plus a 5-year option
* Approximate return of $180,000 per annum to the owner before wages
* Simple, easy-to-run operation with low staffing requirements
* Ideal for an owner-operator or husband-and-wife team
The business is currently operated in a straightforward format with simple systems in place for stock control, daily operations and customer service. No specialist experience is required, making this an accessible opportunity for first-time buyers, lifestyle purchasers or those seeking a stable, hands-on business.
There is clear potential to further improve performance through enhanced merchandising, expanded product lines, additional services or adjusted trading hours. With minimal fixed costs and extremely low rent, any increase in revenue directly improves profitability.
Convenience stores in central Gold Coast locations continue to experience strong long-term demand due to population growth, urban density and ongoing infrastructure investment. This business offers proven resilience, longevity and reliable cash flow, making it an attractive option for both lifestyle buyers and investors seeking a secure retail opportunity.
History
This convenience store has been operating continuously for more than five decades, serving generations of local customers. Originally established as a small suburban shop, it has evolved alongside the surrounding area while maintaining its role as a trusted everyday destination. Its longevity reflects strong community support, repeat business and a proven ability to adapt to changing retail needs over time.
Connect with us