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Business Details
Code:
CBN594
Business Type:
Red Rooster
Area:
NSW Wodonga (Albury)
Established:
Many years
Lease:
Expires April 2033 with 3 x 5 year options
Rent (excl GST):
$14/328 per month + $2,182 per month outgoings
Trading Hours:
Daily 10.00am – 10.00pm (Friday 10.00pm)
Option to trade longer
No of Staff:
3 full time + 2 part-time + 20 casuals (varies)
Approx Turnover(excl GST):
Is in the vicinity of $1,625,000 FY2024.
(Approx. break-up - Drive Thru 49% / Dine In 21%, Takeaway 6%)
Reason for Sale: Franchisor seeks new 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 freestanding Red Rooster Wodonga franchise.

Franchisor is seeking a motivated owner operator to take this good business and make it
great.

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


SPECIFIC FEATURES INCLUDE:

Size is 243m2 + Drive Thru + Alfresco seating + Car Parking

Annual increases are CPI capped at 6%

No rental bond

Minor fit-out due and will need to be done within 6 months- (Approx Cost $100,000 + GST
tbc)

Training ($12,500 + GST - Included in the asking price)
8 - 12 weeks (8 courses per year)

New 10 year Franchise agreement (Currently $50,000 + GST - Included in the asking price)
+ 10 year option

Franchisors Admin and Legal costs ($10,000 + GST - Included in the asking price)

SAV approximately $14,000

Staff wages - Approx $9,000 per week - under management

Return to an Owner Operator is in the vicinity of $148,000 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

$149,500 price Includes:
Initial 10 year franchise agreement - $50,000 + GST
Training - $12,500 + GST
Franchisor administration and legal costs - $10,000 + 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:
$149,500 + SAV
 
For more information, please contact:
Reg Butler on 0438 189 657


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