Red Rooster Franchise Franchise for Sale Gold Coast

Why buy this Red Rooster Franchise Business

Red Rooster Franchise Franchise for Sale Gold Coast Asking: $190,000 + SAV

Red Rooster franchise - Gold Coast area! A Very Fast growing region! Suit Owner/operator

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 one the Gold Coasts fastest growing regions.

FEATURES INCLUDE:

Current Lease expires December 2029. New lease or additional options can be discussed.

Rent excluding G.S.T. is $13,383 per month. NO outgoings

4% Annual increases

No rent rental bond required

Long established and well known within the region

A refurbishment is required and this has been factored in when setting the sell price.

(This will need to be done shortly after settlement. Proof of funds will be required as part of the transfer process)

Franchise agreement current until March 2027 + 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 $1,580,000 (FY2025) MASSIVE POTENTIAL

Trading Hours are:

Daily 10.00am - 9.00pm

Option to trade longer

SAV approximately $10,000

Staffing -1 full time manager + 25 casuals (varies)

Staff wages - Approx. $7,985 per week - under management + superannuation

Potential Return to an Owner Operator in the vicinity of $130,000 FY2025 with control of costs

Reason for sale - Downsizing

For more information, please contact:

Reg Butler