Red Rooster franchise - Logan Region! A Very Fast growing region! Long Lease until 2054!
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About this business
In the broker's words
Full description, as written by the brokerRed Rooster has become Australia's largest roast chicken operator, with some 370+ outlets across the nation.
The first Red Rooster restaurant opened in 1972 in Kelmscott, Western Australia.
Their product range includes whole roasts, half roasts, wraps, burgers, fish related products, salads, beverages and desserts.
On offer is a Drive thru and dine in Red Rooster franchise, prominently located in one of the fastest growing regions in SEQ. The population is expected to increase 15,000 per annum for a few years
N.B. THIS BUSINESS IS BEING SOLD BASED ON ITS TREMONDOUS POTENTIAL
FEATURES INCLUDE:
Current Lease expires 2034 + 4 x 5 year options
Rent excluding G.S.T. is $11,700 per month. NO outgoings
3% Annual increases
No rent rental bond required
Recently established
NO imminent refurbishment is required
Franchise agreement current until 2034 + 10 year option
Franchisors Admin and Legal costs $10,000 + GST
Training $15,000 + GST
8 - 12 weeks (8 courses per year)
Annual Turnover is the vicinity of $1,750,000 (FY2025) MASSIVE POTENTIAL
Trading Hours are:
Weekdays 9.00am - 10.00pm
Weekends 10.00am - 10.00pm
Option to trade longer
SAV approximately $12,000
Staffing -1 full time manager = 4 Supervisors + 2 full-time + 20 casuals (varies)
Staff wages - Approx. $9,400 per week - under management + superannuation
Return to an Owner Operator to be discussed
Reason for sale - Other interests
Reg Butler
Key facts
Details are as stated by the broker.
- Business type
- Franchise Resale
- Reason for sale
- Other interests (from the broker's description)
Details are as stated by the broker in the description and have not been checked by Business For Sale.
Location
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