New South Wales

Red Rooster Bathurst! Ideal for Owner Operator or Family! High $40k per week TO!

For Sale | $325,000 + SAV

Restaurant Retailer Takeaway Food

Tighly held since 2015, this Red Rooster franchise is now available. The restaurant is situated on the major main street intersection with excellent exposure.

Bathurst is the home of the mighty Supercars.


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.



SPECIFIC FEATURES INCLUDE:

Current Lease expires March 2027 with a 5 year option

Size is 243m2 + Drive Thru + Alfresco seating + car parking

Rent excluding G.S.T. is $15,322 per month + $1,186 per month outgoings

3.5% Annual increases

No rental bond

Established - Long established
Owned by Current Owner since 2015

Fit-out - Current

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

Franchise agreement is in line with the current term of the lease
+ 5 year option

Franchisors Admin and Legal costs 10,000 + GST

Annual Turnover is the vicinity of $2,056,000 FY2024.
(Approx. break-up - Drive Thru 55% / Dine In, Takeaway and C&C 45%)

Trading Hours are:
Daily 10.00am 10.00pm
Option to trade longer.

SAV approximately $18,000

Staffing -1 full time + 3 part-time + 18 casuals (varies)
Staff wages - Approx $10,220 per week - under management

Return to an Owner Operator is in the vicinity of $142,000 EBIDTA (FY2024) - subject to control of costs in line with Red Rooster benchmarks
A working couple or family will realize great returns for their efforts


Finance of up to 50% may be available to approved applicants

For more information, please contact:

Reg Butler / Glenn Robertson
0438 189 657 / 0408 449 747

reg.b@businessbrokersnetwork.com.au

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Reg Butler

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Overview

This Restaurant Business is one of 22 businesses for sale in NSW Country West, New South Wales, and one of 4 Restaurant Businesses in this region that a business for sale currently has on offer. This Restaurant Business is for sale in NSW Country West for the asking price of $325,000 + SAV and is new to the market.