Red Rooster South Kempsey, Long lease, Consistent $23k per week TO, Driv-thru
Red Rooster South Kempsey, Long lease, Consistent $23k 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 South Kempsey franchise, housed in the popular South Kempsey Service Centre.
SPECIFIC FEATURES INCLUDE:
Current Lease expires May 2030 + 2 x 5 year options
Size is 164m2 + Drive Thru + Huge foodcourt seating + Car parking
Rent excluding G.S.T. is $7,127 + $6,157 outgoings per month
3% Annual rent increases
No rental bond
Owned by Current Owner since 2015
Small refurbishment and signage update is expected within 6 - 12 months of taking over. Cost will be in the vicinity of $75,000 (tbc).
Training - $12,500 + GST (Included in the asking price)
8 - 12 weeks (8 courses per year)
Franchise agreement is in line with the lease - until May 2030 (Included in the price)
No options
Franchisors Admin and Legal costs $20,000 + GST (Included in the asking price)
Annual Turnover is the vicinity of $1,230,000 (FY2025).
(Approx. break-up - Drive Thru 30% / Takeaway 60% / Other - dine in etc. 10%. NO 3rd Party Deliveries)
Trading Hours are:
Daily 10.00am 9.00pm
Driv-thur 10.00am 8.00pm - Possible to trade longer
SAV approximately $14,000
Staffing - Owner + Shift supervisor + 20 casuals (varies)
Staff wages - Approx. $9,800 per week - including shift supervisor
Return to an Owner Operator is in the vicinity of $150,000 EBIDTA - subject to control of costs in line with Red Rooster benchmarks
A working couple or family will realize great returns for their efforts
$149,500 price Includes:
Current remaining franchise agreement
Training - $12,500 + GST
Franchisor administration and legal costs - $20,000 + GST
Reason for sale - Partners serious health issues / Franchisor seeks new franchisee
For more information, please contact:
Glenn Robertson / Reg Butler
0408 449 747 / 0438 189 657
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$99,000 + SAV
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
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Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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