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Business Details
Code:
CBN593
Business Type:
Red Rooster
Area:
NSW Lithgow
Lease:
Expires December 2027 with a 5 year option
Rent (excl GST):
$10,780 per month + $1,792 per month outgoings
Trading Hours:
Daily 11.00am – 9.00pm (Friday 10.00pm)
No of Staff:
1 full time + 4 part-time + 11 casuals (varies)
Approx Turnover(excl GST):
Is in the vicinity of $1,255,870 FY2024.
Reason for Sale: Franchisor seek a franchisee
      General Information

Red 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 the Red Rooster Lithgow franchise. This restaurant is situated on the ever-
busy Great Western Highway, and close to other well-known fast-food operators. There are
plenty of reasons to frequent or pass by the location.

The restaurant is ideally located to take advantage of 24 hour trading


SPECIFIC FEATURES INCLUDE:

Size is 250m2 + Drive Thru + Alfresco seating

3.5% Annual rent increases

No rental bond

Minor fit-out due 2025 - (Approx Cost $50,000 tbc) This has been factored into the asking
price
Training ($12,500 + GST - Included in the asking price)
8 - 12 weeks (8 courses per year)
Franchise agreement until December 2032 (Included in the asking price)

Franchise Term is in line with the lease
Franchisors Admin and Legal costs ($5,000 + GST - Included in the asking price)

There are currently NO 3rd Party deliveries (possibility to introduce)
(Approx. break-up - Drive Thru 55% / Dine In, Takeaway and C&C 45%) Trading Hours are:

Option to trade longer

SAV approximately $14,000

Staff wages - Approx $6,950 per week - under management Manager Salary $70,000 + Super

Potential Return to an Owner Operator is in the vicinity of $130,000 - $150,000 EBIDTA
(FY2024) - subject to control of costs in line with Red Rooster benchmarks

A working couple or family will realize great returns for their efforts

$50,000 price Includes:
Balance of current term franchise agreement
Training - $12,500 + GST
Franchisor administration and legal costs - $5,000 + GST

Finance of up to 50% may be available to approved applicants

For more information, please contact:
Reg Butler 0438 189 657

reg@brokers.net.au
Asking Price:
$50,000 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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