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Business Details
Code:
RB295
Business Type:
Red Rooster fran
Area:
Townsville
Established:
2012
Lease:
Until November 2022 + 2 x 5 year options
Rent (excl GST):
$11,718 + $3,288 outgoings + $412 prom levy per month + GST
Trading Hours:
8.00am - 10.00pm
No of Staff:
4 full time + 20 casuals (varies)
Vendor Hours:
40 hours
Approx Turnover(excl GST):
FY2017 $1,656,000
Reason for Sale: Other interests
      General Information

Red Rooster is an Australian and New Zealand fast food restaurant chain founded in 1972. They
specialize in roast chicken.

There are over 360 Red Rooster stores in Australian.

Townsville is a city on the north-eastern coast of Queensland, with a 2015 population estimate
of 180,333. It is considered the unofficial capital of North Queensland by locals, and hosts a
significant number of governmental, community and major business administrative offices for the
northern half of the state.

The franchise offered is in a high growth region, operating out of a purpose built, drive-thru
site.

This location, due to the surrounding enterprises, will remain popular for years to come.

200m2 + Alfresco area (5 tables + 16 chairs)

Franchise term is until 12th November 2022 + 10 year option

Fitout is fine until October 2022

SAV is approximately $10,000

Return to working owner/operator is in the vicinity of $260,000 EBITDA

Finance of 50 -60% against the business is available to approved applicants

For more information, please contact:

Reg Butler
0438 189 657
reg@brokers.net.au

Asking Price:
$850,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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