Summary
Established | High Turnover | Exclusive Lottery | Strong Brand -Exclusive local lottery licence -High weekly turnover & strong revenue -Prime Location -Multiple revenue + delivery accounts
Location Details
318 Wardell Street, Enoggera, QLD-4051
The store is positioned on a main road within a busy shopping centre, benefiting from continuous foot traffic and excellent visibility. The mix of restaurants, backery, gym, liquor store and other essential services ensures strong customer flow.
About the Opportunity
An outstanding opportunity to acquire a well-established NightOwl Convenience Store located in the highly sought-after suburb of Enoggera, Brisbane. This business has been successfully operating for over 15 years and is backed by the strength of the NightOwl brand, one of Australia’s most recognised convenience retail franchises with over 50 years of operating history.
The store is strategically positioned on a main road within a busy neighbourhood shopping centre, benefiting from continuous foot traffic and excellent visibility. The surrounding mix of coffee shops, takeaway outlets, gym, liquor store and other essential services ensures strong customer flow.
The business generates multiple, diversified revenue streams, including grocery and convenience retail, lottery and scratchies (exclusive local licence), coffee, hot food, tobacco products, ATM income, and online delivery platforms such as Uber Eats, Menulog and DoorDash.
Financial performance has been strong, with revenues exceeding $1.6 million in peak trading years and an average weekly turnover of approximately $30,000. Gross margins remain healthy for the sector, supported by strong buying power through the franchise network. Full financial details are available to qualified buyers.
The premises comprise approximately 175 sqm, including two internal storage rooms and staff amenities. The lease offers security with renewal options available, and rent is considered competitive for the location. Ample on-site parking and proximity to public transport further enhance customer convenience.
Included in the sale is a comprehensive range of modern equipment and fit-out, including multiple display fridges and freezers, hot food cabinets, Slurpee (Frostbite) machine, ice cream freezers, POS system, CCTV, and full lottery infrastructure. The business also benefits from valuable intangible assets, including delivery platform accounts, transport card services, and a loyal, repeat customer base.
This store holds a unique competitive advantage as the only licensed lottery outlet servicing Enoggera, Alderley and Ashgrove, attracting customers from multiple surrounding suburbs. Despite nearby fuel station competition, sales have remained resilient, highlighting the strength of location, service quality, and customer loyalty.
This opportunity is ideal for an owner-operator, family business, or experienced retailer seeking a stable, proven business with strong brand support and future growth potential.
Asking Price: $299,000 + SAV
Inspection highly recommended.
Marketing support
Competitive Advantage: - Superior convenience and accessibility - Located within a multi-purpose shopping centre - Strong foot traffic and customer convenience - Only lottery outlet serving four surrounding suburbs
Training provided
4 - weeks NightOwl franchise training
2 - weeks Lotto training
1 - week operational handover
Length of Agreement
Current Term: 1 year + 5-year option
Renewal Option: Additional 5 years
Year Business Established
15
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