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 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 Hyperdome Shopping Centre franchise.
This restaurant is situated in a major shopping centre food court, amid other well-known fast-food operators. There are plenty of reasons for people to frequent the centre with its huge seating area, near the theatres.
SPECIFIC FEATURES INCLUDE:
Current Lease expires April 2027. (This centre does not provide options.
However there is not usually a problem renewing when the time comes. Size is a generous 87m2 with a huge central seating area
Rent excluding G.S.T. is $9,464 per month with a very generous contribution from the franchisor.
Outgoings are approx. $3,400 per month 5% Annual increases 3 months rental bond Great fit-out and okay until April 2027 Training ($12,500 + GST - Included in the asking price) 8 - 12 weeks (8 courses per year) Franchise agreement until April 2027 in line with the lease (Balance of franchise fee included in the price) Franchise Term is in line with the lease Franchisors Admin and Legal costs capped at $1,000 + GST Annual Turnover is the vicinity of $800,000.
There are currently
5% 3rd Party deliveries (possibility to introduce) (Approx. break-up - 95% / Dine In, Takeaway and C&C 5%) Trading Hours are: Daily 9.00am 5.00pm (Thursday 9.00pm)
Option to trade longer SAV approximately $12,000 Staffing -1 full time + 2 part-time + 12 casuals (varies) Staff wages - Approx 34% of turnover including manager Manager Salary $70,000 + Super
Potential Return to an Owner Operator is in the vicinity of $120,000 on $800,000 sales level EBDTA - subject to control of costs in line with Red Rooster benchmarks A working couple or family will realize great returns for their efforts Additionally - there is the potential for savvy operators to increase the sales. $50,000 price Includes: Balance of current term franchise agreement Training - $12,500 + GST Significant rent assistance for the term of the current lease For more information, please contact:
Reg Butler 0438 189 657
reg.b@businessbrokersnetwork.com.au
