| Approx Turnover(excl GST): |
Is in the vicinity of $1,625,000 FY2024. (Approx. break-up - Drive Thru 49% / Dine In 21%, Takeaway 6%) |
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
|