Red Rooster franchise - Outer Brisbane Northside! Long Lease until 2039! Near $39,000 per week TO!

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 a Drive thru and dine in Red Rooster franchise, prominently located in the outer north Brisbane area.

FEATURES INCLUDE:

Current Lease expires Feb 2029 + 1 x 10 year option

Rent excluding G.S.T. is $16,544 per month + $1,400 per month outgoings tbc

3.5% Annual increases

No rent rental bond required

Established many years

Very well-appointed restaurant - NO imminent refurbishment is required (extensively completed 3 years ago)

Franchise agreement current until June 2031 + 10 year option

Franchisors Admin and Legal costs $10,000 + GST

Training $12,500 + GST
8 - 12 weeks (8 courses per year)

Annual Turnover is the vicinity of $2,020,000 (FY2025)

Trading Hours are:
Daily 9.00am 11.00pm
Option to trade longer

SAV approximately $12,000

Staffing -1 full time manager + 5 full-time + 22 casuals (varies)
Staff wages - Approx. $9,400 per week - under management + superannuation

Return to an Owner Operator is in the vicinity of $133,000 - $150,000 EBIDTA (FY2025)
A working couple or family will realize great returns for their efforts, say $200,000 - $220,000 EBITDA

Reason for sale - Restructuring / downsizing

For more information, please contact:

Reg Butler

For more details, please email broker or call agents.