Red Rooster for SALE - North Queensland
Red Rooster is one of Australia’s largest quick service restaurant networks with over 360 stores operating nationally.
Industry :
--Sub Industry :
Key Strengths:
Low overheads & operating costsHuge growth potentialMinimal competitors in the areaRed Rooster is looking for people who have a passion for customer service, a love of food and a mind for business!
Location Details
Northern Queensland Region
Features of the business:
- Trading from the same location since 1994, this business enjoys a unique position in the local market with no competition in its category
- Very high revenue, low occupancy cost and high secure profits
- Excellent central location with high visibility and onsite parking (22 spaces)
- Modern free-standing premises, with internal and covered external seating area, kids playground, and drive-thru
- Prosperous “ideal” local demographic as the town seeks dynamic business ventures and sector development
- Long secure lease
- Currently operated under full management with well trained and experienced staff
- Recent refurbishment and upgrade of critical equipment items
Red Rooster is an accredited business with several major banks and cash flow funding is available to suitable applicants.
Call Gary on 0418312116 for a confidential discussion.
Red Rooster - Charters Towers
Queensland
Australia
Red Rooster is an iconic homegrown Australian brand with enormous popularity and brand recognition in the Australian market, and has grown to one of the largest quick-service restaurant networks in Australia – with over 360 stores operating nationally. Owned and operated by Craveable Brands Ltd, together with Oporto and Chicken Treat, Red Rooster’s network benefits from an incredible depth of supporting resources and management expertise. With a core product offering of roast chickens and burgers, perennial favourites amongst the Australian community, it constantly updates its menu offering to introduce new products and continually provide customers with exciting new choices.
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Get In Touch :
Brokerage
Broker Name: Mr. Gary Powell
Broker Email: gary.powell@edenexchange.com
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!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
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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