New Refurb completed June 2024
-Weekly Sales AV $24k
-Long lease 2041
-Newly refurb store (No Refit required)
-Located 28 mins from Perth CBD
-Ideal business for owner operator Franchisee
-Easy to operate in demand Franchise
-On main North to South busy road
-In large shopping village/complex with Cinema
This Red Rooster has been established at this location since 2011, providing a solid foundation and consistent customer base.
Situated in the bustling shopping precinct, the store enjoys a prime location with high foot traffic. Easy access by vehicles off of one of Perth's busiest thoroughfares.
The owner has confirmed that a full and extensive recent refurbishment was fully completed in June 2024.
Overall, this business offers exceptional value and is well-suited for someone looking to be actively involved or to expand their portfolio.
These businesses are in strong demand due to the security provided by the long commercial lease and reasonable rent. Because the Drive Thru businesses are not located inside Shopping Centres, the rent is based on commercial rates not shopping centre rates. Where shopping centres only offer up to a maximum 7 years this lease is for 18 years.
The term of the lease also determines the borrowing capacity of buyers. Banks only lend over the term of the lease so longer the total lease, the repayments are considerably less than over e.g. 5 yrs for a shop/kiosk in a shopping centre.
Rarely does a fully renovated Red Rooster Drive Thru business come to market in this price range. This opportunity will have strong demand.
For more information, contact Advance Business Brokers (AU)
