Red Rooster Restaurant Franchise for Sale South Kempsey NSW

Why buy this Red Rooster Restaurant Business

Red Rooster Restaurant Franchise for Sale South Kempsey NSW Asking: $149,500 + SAV

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 South Kempsey franchise, housed in the popular South Kempsey Service Centre.

SPECIFIC FEATURES INCLUDE:

Current Lease expires May 2030 + 2 x 5 year options

Size is 164m2 + Drive Thru + Huge foodcourt seating + Car parking

Rent excluding G.S.T. is $7,127 + $6,157 outgoings per month

3% Annual rent increases

No rental bond

Owned by Current Owner since 2015

Small refurbishment and signage update is expected within 6 - 12 months of taking over. Cost will be in the vicinity of $75,000 (tbc).

Training - $12,500 + GST (Included in the asking price)

8 - 12 weeks (8 courses per year)

Franchise agreement is in line with the lease - until May 2030 (Included in the price)

No options

Franchisors Admin and Legal costs $20,000 + GST (Included in the asking price)

Annual Turnover is the vicinity of $1,230,000 (FY2025).

(Approx. break-up - Drive Thru 30% / Takeaway 60% / Other - dine in etc. 10%. NO 3rd Party Deliveries)

Trading Hours are:

Daily 10.00am 9.00pm

Driv-thur 10.00am 8.00pm - Possible to trade longer

SAV approximately $14,000

Staffing - Owner + Shift supervisor + 20 casuals (varies)

Staff wages - Approx. $9,800 per week - including shift supervisor

Return to an Owner Operator is in the vicinity of $150,000 EBIDTA - subject to control of costs in line with Red Rooster benchmarks

A working couple or family will realize great returns for their efforts

$149,500 price Includes:

Current remaining franchise agreement

Training - $12,500 + GST

Franchisor administration and legal costs - $20,000 + GST

Reason for sale - Partners serious health issues / Franchisor seeks new franchisee

For more information, please contact:

Glenn Robertson / Reg Butler

0408 449 747 / 0438 189 657