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Restaurants for Sale in Lavington, NSW

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LAVINGTON, NSW
New
Red Rooster Lavington, Long lease to 2051, Consistent $30k per week TO, Driv-thru
NSW
Food/hospitality · Restaurant
$50,000 + SAV
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 the Red Rooster Lavington franchise, offering drive-thru and dine-in options.FEATURES INCLUDE:Current Lease expires May 2031 + 4 x 5 year optionsSize is 225m2 including Drive Thru + indoor seatingRent excluding G.S.T. is $12,633.45 including outgoings per month3% Annual rent increasesNo rental bondBusiness established July 1999Owned by Current Owner since July 2024 (limited financials)Refurbishment required within 6 months of taking over. Cost will be in the vicinity of $120,000 + GST (tbc).Training - $15,000 + GST (Included in the asking price)8 - 12 weeks (8 courses per year)Franchise agreement is current until May 2031 (Included in the price. Usually $25,000 + GST)No optionsFranchisors Admin and Legal costs $10,000 + GST (Included in the price)Annual Turnover is the vicinity of$1,602,946 (FY2025)$1,644,376 (FY2024)(Approx. break-up - Drive Thru 44% / Takeaway 22% / Other - dine in etc. 5.3%. 3rd Party Deliveries 28.5%)Trading Hours are:Sun - Wed 10.00am 10.00pmThur - Sat 10.00am 11.00pm - Possible to trade longerSAV approximately $15,000Staffing - 3 full-time + 3 part-time + 8 casuals (varies)Staff wages - Approx. $9,072 per week - including superannuationReturn to an Owner Operator is in the vicinity of $100,000 EBIDTA - subject to control of costs in line with Red Rooster benchmarksA working couple or family will realize great returns for their efforts, say $160,000 + Super$50,000 price Includes:Current remaining franchise agreementTraining - $15,000 + GSTFranchisor administration and legal costs - $10,000 + GSTReason for sale - Franchisor seeks new franchiseeFor more information, please contact:Glenn Robertson / Reg Butler0408 449 747 / 0438 189 657
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