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Established Convenience Store In East Perth For Sale

East Perth, Western Australia, Australia
Asking Price:
$100K - $250K (AUD) Furniture / Fixtures included
Turnover:
On request
Net Profit:
On request

An established convenience store on the ground floor of a residential apartment tower on Adelaide Terrace, on the eastern edge of the Perth CBD.

The store has a built-in customer base: residents living directly upstairs, plus the surrounding high-rise apartments and offices along Adelaide Terrace. It’s a short walk to Queens Gardens, Langley Park and the WACA, so it also picks up event and visitor trade, and it sits within Perth’s free-transit zone.

Key features:

Ground-floor shopfront on busy Adelaide Terrace
Trading 8am to 10pm, [7 days]
Range includes groceries, drinks, snacks, tobacco, SIM cards and recharge
Weekly turnover available upon request
Lease: 8 months remaining plus 5+5-year option already available in mid 2027, rent available upon request
Full fitout, fridges, POS system and shelving included
Simple, easy-to-run operation, suited to an owner-operator, couple or family

Full handover and training provided.

Price: $150,000 plus stock

Property Information

Real Estate:

Lease

Lease Terms:

5+5 availible from mid 2027

Leasehold Rent:

$32,400 (AUD) per annum

Location:

Ground-floor shopfront on Adelaide Terrace, one of Perth’s main CBD roads, on the eastern edge of the city. The surrounding area is dense with high-rise apartments and offices, with bus stops nearby and the area inside Perth’s free-transit zone. A short walk to Queens Gardens, Langley Park and the WACA brings extra visitor and event-day trade

Premises Details:

Retail shop on the ground floor of a residential apartment tower at 10 Adelaide Terrace, East Perth. Glass shopfront with street visibility, fully fitted with fridges, shelving, counter and POS system. Approx. 120 m² of trading space plus storeroom/back area and coolroom

Size in square feet:
1,291
Planning Consent:

Existing approved retail (shop) use within the City of Perth. No changes required for the new owner to continue trading.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Extend trading hours (currently closes at 10pm)
Add delivery through DoorDash and Uber Eats to reach nearby apartments
Introduce coffee, hot food or a grab-and-go range
Add services such as parcel collection, dry cleaning drop-off or key cutting
Expand ranges for residents, such as fresh produce and household essentials

Competition / Market:

The store’s main advantage is being directly below a residential tower, giving it a loyal customer base of residents who shop downstairs rather than walk elsewhere. The nearest other convenience stores are a few blocks away/further along Adelaide Terrace, and the closest supermarkets are in the CBD. Larger chains offer price competition, but the store competes on proximity, opening hours and friendly service.

Reasons for selling:

Leaving the country

Trading hours:

Everyday 8am-10pm

Employees:
5
Years established:
10

Other Information

Support & training:

The vendor will provide 2–4 weeks of hands-on training at no extra cost, covering:

Daily operations, opening and closing procedures
POS system, cash handling and stock ordering
Introduction to suppliers and supplier accounts
Tobacco compliance and licensing requirements
Introduction to the landlord and regular customers

Furniture / Fixtures value:
$30,000 (AUD) - included in the asking price
Inventory / Stock value:
$50,000 (AUD)
Contact Seller