Business DescriptionRed Rooster franchise - Townsville (Drive Thru location)
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.
The franchise offered is in a high trafficked area, operating out of a professional
purpose built, drive-thru site. Great parking!
This location, due to the surrounding enterprises and neighbourhood, will remain popular for years to come.
Expires 31/08/2025 + 7 year options
SIZE OF BUSINESS
200m2 + Alfresco seating + Drive Thru
RENT excluding G.S.T.
Rent is $13,512 per month including outgoings
PROMOTIONAL LEVY excluding G.S.T.
$405 per month + GST
3 months rent
Until November 2022 + 10 year option
Fit out is fine until October 2020 when a minor upgrade is expected (Est $5,000 TBC)
Equipment will be sold unencumbered
ANNUAL TURNOVER (Approx.)
FY 2018 $1,630,000
Daily 9.00am – 10.00pm
8 FT and PT + 16 casuals (varies)
REASON FOR SELLING
Health / Personal reasons
APPROX RETURN TO OWNER/OP’S
$170,000 (FY2018) EBITDA
50 -60% against the business is available to approved applicants
$595,000 + SAV (Est. $10,000)
For more information, please contact:
0438 189 657