Red Rooster Lavington, Long lease to 2051, Consistent $30k per week TO, Driv-thru
Red Rooster Lavington, Long lease to 2051, Consistent $30k per week TO, Driv-thru
Industry :
Food/HospitalitySub Industry :
RestaurantRed 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 Lavington franchise, offering drive-thru and dine-in options.
FEATURES INCLUDE:
Current Lease expires May 2031 + 4 x 5 year options
Size is 225m2 including Drive Thru + indoor seating
Rent excluding G.S.T. is $12,633.45 including outgoings per month
3% Annual rent increases
No rental bond
Business established July 1999
Owned by Current Owner since July 2024 (limited financials)
Refurbishment required within 6 months of taking over. Cost will be in the vicinity of $120,000 + GST (tbc).
Training - $12,500 + GST (Included in the asking price)
8 - 12 weeks (8 courses per year)
Franchise agreement is current until May 2031 (Included in the price. Usually $25,000 + GST)
No options
Franchisors Admin and Legal costs $10,000 + GST (Included in the price)
Annual Turnover is the vicinity of
$1,602,946 (FY2025)
$1,644,376 (FY2024)
(Approx. break-up - Drive Thru 44% / Takeaway 22% / Other - dine in etc. 5.3%. 3rd Party Deliveries 28.5%)
Trading Hours are:
Sun - Wed 10.00am 10.00pm
Thur - Sat 10.00am 11.00pm - Possible to trade longer
SAV approximately $15,000
Staffing - 3 full-time + 3 part-time + 8 casuals (varies)
Staff wages - Approx. $9,072 per week - including superannuation
Return to an Owner Operator is in the vicinity of $100,000 EBIDTA - subject to control of costs in line with Red Rooster benchmarks
A working couple or family will realize great returns for their efforts, say $160,000 + Super
$119,500 price Includes:
Current remaining franchise agreement
Training - $12,500 + GST
Franchisor administration and legal costs - $10,000 + GST
Reason for sale - Franchisor seeks new franchisee
For more information, please contact:
Glenn Robertson / Reg Butler
0408 449 747 / 0438 189 657
Queensland
Australia
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$119,000 + SAV
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