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Code

RB295

Business Type

Red Rooster franchise

Area

Townsville

Business Established

2012

Lease Remaining

expires November 2022 + 2 x 5-year options

Approximate Rent (excluding GST)

$11,717 + $3,700 Approx. Outgoings

Approximate Turnover (excluding GST)

FY2017 $1,656,000

Reason for Selling

Other interests

General Information

Townsville is a city on the north-eastern coast of Queensland, with a 2015 population estimate of 180,333.

 

It is considered the unofficial capital of North Queensland by locals, and hosts a
significant number of governmental, community and major business administrative offices for the northern half of the state.

The Red Rooster franchise offered is in a high growth region, operating out of a purpose built, drive-thru site.

This location, due to the surrounding enterprises, will remain popular for years to come.

200m2 + Alfresco area (5 tables + 16 chairs)

Franchise term is until 12th November 2022 + 10 year option

Fit out is fine until October 2022

SAV is approximately $10,000

Return to working owner/operator is in the vicinity of $260,000 EBITDA

Finance of 50 -60% against the business is available to approved applicants

Asking Price

$850,000 + SAV (Est $10,000)

 

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.

For more information, please contact:
 Reg Butler  0438 189 657
reg@businesses.net.au
  
 
 
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