Red Rooster franchise - Brisbane Northside! Lease until 2045! Near $36,000 per week TO!
Red Rooster franchise - Brisbane Northside! Lease until 2045! Near $36,000 per week TO!
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 a Drive thru and dine in Red Rooster franchise, prominently located approx. 30km north of the Brisbane CBD
FEATURES INCLUDE:
Current Lease expires Feb 2030 + 3 x 5 year options
Rent excluding G.S.T. is $14,248 per month + $1,385 per month outgoings
CPI linked Annual increases
No rent rental bond required
Established 20 year
Well-appointed restaurant - Not due for remodel in the current term. Requires repainting approx. $20,000
Franchise agreement current until Sept 2030. 10 year option possible at $5,000 per annum for term.
Franchisors Admin and Legal costs $10,000 + GST est.
Assignment Fee $11,000 + GST
Training $12,500 + GST
8 - 12 weeks (8 courses per year)
Annual Turnover is the vicinity of $1,900,000 (FY2025)
Trading Hours are:
Daily 9.00am 10.00pm
SAV approximately $12,000
Staffing - 4 full-time + 18 casuals (varies)
Staff wages - Approx. $9,400 per week - under management including superannuation
Return to an Owner Operator is in the vicinity of $125,000 EBIDTA (FY2026) (with control of costs in line with RR benchmarks)
A working couple or family will realize great returns for their efforts, say $185,000 - $200,000 EBITDA
Reason for sale - Restructuring / downsizing
For more information, please contact:
Reg Butler
0438 189 657
reg.b@businessbrokersnetwork.com.au
Queensland
Australia
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$375,000 + SAV
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Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
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