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Photos: LINK Business Brokers

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About the business

A convenience and grocery on the Gold Coast, Queensland. Its customers are residents and tourists. The current lease expires 2027, plus a 5 year option. The broker reports it is suitable for a family or husband and wife team, with a beachside location.

Financing calculator

An estimate, not a loan offer. Change the numbers to see what buying this business would take in cash and what the repayments would be each month.

Seller finance
Some sellers take part of the price over time. Shown at 8% over 3 years.
Loan term
Usually up to 7 years; longer when secured on property.
Loan
Secured on property: the RBA's average for small business new loans secured on residential property, August 2026

How the $375,000 is paid

  • Your cash $112,500
  • Loan $262,500

What borrowing costs

$332,578 repaid in all

  • Borrowed $262,500
  • Interest $70,078
AU-19991Estimate

Asking price$375,000

Paid by

Your cash$112,500

Secured loan, 7 years at 6.98%$262,500

Each month

Loan repayment$3,960

Repayments each month

$3,960

Over 7 years you repay $332,578, of which $70,078 is interest.

Secured on property: the RBA's average for small business new loans secured on residential property, August 2026. Lenders set their own rates and terms, and this leaves out stamp duty and fees. Source: Reserve Bank of Australia 2026.

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