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Business Details
Code:
RB511
Business Type:
Red Rooster
Area:
Southside
Established:
2013
Lease:
Until 2023 + 4 x 5 year options
Rent (excl GST):
Approx $12,100 per month
Trading Hours:
9.00am - 10.00pm
Approx Turnover(excl GST):
FY2019 $1,600,000
Reason for Sale: Retirement
      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 throughout Australia.


This Red Rooster franchise is on the Brisbane southside, approx. 7km from the CBD.

Excellent roadside visibility - cannot but not be noticed!!!

The business is in an extremely high trafficked area, operating out of a professional
purpose built, drive-thru site. Great parking!

Business size is 200m2 + large alfresco seating area

No rental guarantee bond

Business was recently established within the last 5 years

Fit out is excellent and fine until 2020 when a minor upgrade is expected (Est $5,000 TBC)
Equipment will be sold unencumbered
A car is included in the sale

SAV approx. $10,000

Reason for selling - Retirement

Approximate return to an owner operator is 12.5% of turnover EBITDA

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


For more information, please contact:

Reg Butler
0438 189 657
Asking Price:
$545,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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