Refit Done Franchise Agreement paid to 2035
-T/O FY24 $1.8m
-Net profit FY24 $267k
-Refit completed
-Weekly Sales AV $34k FY25
-Inside seating 30
-Long lease 2037
-Franchise Agreement until 2035
This store is ready for a buyer to take over. A full refit was completed in 2022 at a cost of around $220,000.
Long lease to 2037 provides for security of tenure to a new buyer.
Franchise agreement paid through to 2035 represents a saving to a buyer of $50,000 + GST.
High weekly sales figures of $34k per week and the store has shown consistent growth.
There is an opportunity to extend the trading hours to potentially increase extra profit.
A profitable Drive Thru franchise business in a great location close to Perth city centre. This business is an ideal addition to add to a portfolio of Red Rooster stores or as a first time purchase.
An excellent investment for a buyer looking for an opportunity to have under management at a later date and enjoy a good passive income or expand to more stores.
For more information , contact Advance Business Brokers (AU)