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ORANGE, NSW
New
Red Rooster Orange! Long Lease! Price includes many franchisor costs! Suit family!
NSW
Food/hospitality · Restaurant
$120,000 + SAV
Summary________________________________________* For Sale Contract Type* New South Wales State* PriceFranchise Restaurant Retailer Takeaway FoodFeatures________________________________________Description________________________________________Red Rooster Orange! Long Lease! Price includes many franchisor costs! Suit family!Asking price$120,000 + SAVIndustryFood/HospitalityLocationNSW, NSWAbout this businessOrange is an attractive city in the Central Tablelands region of New South Wales. It is 254 km west of Sydney. Orange had an urban population of 41,920 at the 2021 Census, making the city a significant regional centre.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 Orange franchise. This restaurant is situated on the ever-busy Bathurst Road amongst other well-known fast food operators.The restaurant is ideally located to take advantage of extended tradingSPECIFIC FEATURES INCLUDE:Current Lease expires November 2025 with 1 x 10-year optionSize is 225m2 + Drive Thru + Alfresco seating + Car parkingRent excluding G.S.T. is $17,548 per month + $1,542 outgoings3% Annual increasesNo rental bondEstablished recently in 2005Owned by Current Owner since 2025Fit-out is required and will cost in the vicinity of $120,000 and will need to be completed soon after takeoverTraining ($15,000 + GST - Included in the asking price)8 - 12 weeks (8 courses per year)New 10 year Franchise agreement until 2035 is included in the price (Normally $50,000 + GST)+ 10 year optionFranchisors Admin and Legal costs ($10,000 + GST - Included in the asking price)Annual Turnover is the vicinity of $1,836,000 (FY2025).Trading Hours are:Daily 10.00am 10.00pmOption to trade longerSAV approximately $15,000Staffing -1 full time + 2 part-time + 12 casuals (varies)Staff wages - Approx $10,600 per week - under management (Owner will save managers wage by being a hands-on owner operator)Return to an Owner Operator is in the vicinity of $100,000 EBIDTA (FY2025) - subject to control of costs in line with Red Rooster benchmarksA working couple should realize approximately $160,000 EBITDA for their efforts$145,000 price Includes:10 year franchise agreement - $50,000 + GSTTraining - $15,000 + GSTFranchisor administration and legal costs - $10,000 + GSTFinance of up to 50% may be available to approved applicantsReason for sale - Franchisor seeks new franchise partner to take the restaurant to the next level.For more information, please contact:Reg Butler / Glenn Robertson0438 189 657 / 0408 449 747
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