.
Business Details
Code:
RB504
Business Type:
Red Rooster
Area:
Townsville
Established:
2012
Lease:
Until August 2025 + 7 year option
Rent (excl GST):
$13,512 per month including outgoings
$405 promotional levy
Trading Hours:
Daily 9.00am - 10.00pm
No of Staff:
2 Full time + 6 Part time + 16 Casuals (varies)
Vendor Hours:
Approx. 20 hours per week
Approx Turnover(excl GST):
FY 2018 $1,630,882
FY 2017 $1,656,871
FY 2016 $1,647,835
Reason for Sale: Health / personal circumstances
      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

Fit-out is satisfactory until October 2022 when a minor upgrade is expected (TBC)

SAV is approximately $10,000

Return to working owner/operator is in the vicinity of $170,000 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:
$595,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


Back Home

 
 
 

  Administration