Sold business 3450089
Business NO.:
3450089
Status:
Active
Price:
$125,000
Updated on:
02/09/2025

Red Rooster Noosaville! Lifestyle location! Lease to 2041! Low Entry Cost! Franchisor incentives!

Restaurant | Business for Sale | Queensland

Noosaville is a coastal town and suburb in popular Noosa, and has a population of approximately 8,700 people.

Red 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 Noosaville franchise. This restaurant is situated at 2 Mary Street.

The restaurant is ideally located to take advantage of extended trading hours

SPECIFIC FEATURES INCLUDE:

Current Lease expires June 2026 with 3 x 5 year options

Size is 191m2 + Drive Thru + Car parking

Rent excluding G.S.T. is $11,060 + $2,490 per month outgoings

3% Annual increases

No rental bond

Established recently in 2000
Owned by Current Owner since 2025

Fit-out is current

Training - $12,500 + GST (Included in the asking price)
8 - 12 weeks (8 courses per year)

Franchise agreement current until June 2031 (Currently $50,000 + GST. Included in the asking price)
+ 10 year option

Franchisors Admin and Legal costs $10,000 + GST (Included in the asking price)

Annual Turnover is the vicinity of $1,386,000 (FY2025).
(Approx. break-up - 80% Driv Thru / Dine In, Takeaway and 20% Delivery)

Trading Hours are:
Daily 10.00am 10.00pm
Possible to trade longer

SAV approximately $15,000

Staffing -1 full time + 2 part-time + 12 casuals (varies)
Staff wages - Approx $8,840 per week - under management

Return to an Owner Operator is in the vicinity of $100,000 EBIDTA (FY2025) - subject to control of costs in line with Red Rooster benchmarks
A working couple or family will realize great returns for their efforts

$125,000 price Includes:
- Franchise agreement to June 2031 + GST
- Training - $12,500 + GST
- Franchisor administration and legal costs - $10,000 + GST

Bank Finance may be available to approved applicants

Reason for sale - Franchisor seeks new franchise partner

For more information, please contact:

Reg Butler / Glenn Robertson

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For more details, please email broker or call agents.