This Red Rooster franchise has excellent roadside visibility - cannot but not noticed!!!
The business is in an extremely high trafficked area, operating out of a professional purpose built, drive-thru site. Great parking!
Business size is 200m2 + large alfresco seating area
Rent is $12,100 per month + GST
No rental guarantee bond
Business was recently established within the last 5 years
Fit out is excellent and fine until 2020 when a minor upgrade is expected (Est $5,000 TBC)
Equipment will be sold unencumbered
A car is included in the sale
Annual turnover (Approx.) $1,600,000 or $30,700 per week
SAV approx. $10,000
Trading hours - Daily 9.00am – 10.00pm
Reason for selling - Retirement
Approximate return to an owner operator is 12.5% of turnover EBITDA
Finance of 50 - 60% against the business is available to approved applicants