Skip to main content
DealProspect/Listings/Retail

Friendly Grocer Convenience Store – Logan, QLD

Convenience Store

ActiveRetailQueenslandB2C
Asking price
$180,000
Disclosed · AUD
Revenue (est.)
~$1,976,665
Estimated · comparable listings of this type and size
Net Profit
$310,534
Implied multiple
0.6×
asking / earnings

Brief

A 'Friendly Grocer' branded convenience store in Logan, Queensland, currently run without staff and suited to an owner-operator couple. Trading hours run seven days from early morning into the evening, with no hot food currently offered, leaving room for a new owner to add takeaway or ready meals subject to approval. The sellers are relocating overseas and are motivated for a fast sale, with a long-term lease already in place.

Convenience stores in Queensland

All 12
Listed
12
+1 in 30 days
Median asking
$224K
12 priced
Median revenue
$2M
6 disclose
Earnings multiple
2.3×
186 listings
Asking price spread12 of 12 state a price
This listing · $180K
50%
25%
25%
$100K–$250K$500K–$1M

Australia 165 · Victoria 141

Cafes 143 · Takeaways 106 · General retail businesses 80 · Automotive workshops 78 · Restaurants 70 · Manufacturing businesses 61