Restaurants for Sale in Wollongong, NSW

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WOLLONGONG, NSW

Available - Red Rooster Bomaderry! Happening service centre, Long lease, good growth trend.

Available - Red Rooster Bomaderry! Happening service centre, Long lease, good growth trend.

NSW

Food/hospitality · Restaurant

$199,000 + 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 Bomaderry franchise.This is located inside a major travel and fast-food service centre at 271 Princes Highway.You can order in-store, or get delivery using platforms like Uber Eats or DoorDash.Other tenants in the complex include Hungry Jack's Burgers, Domino's Pizza, Shell & Reddy Express Service, Bridgestone Select Tyre & AutoThe restaurant is ideally located to take advantage of 24 hour tradingSPECIFIC FEATURES INCLUDE:Current Lease expires January 2030 with 1 x 10-year optionSize is 243m2 + Drive Thru + Alfresco seating + Car parkingRent excluding G.S.T. is $16,423 per month and includes outgoings + $100 admin fee3% Annual increasesNo rental bondEstablished recently in 2021Run under management agreementFit-out is current. Due 2031 (est cost $120k)Training ($15,000 + GST - Included in the asking price)8 - 12 weeks (8 courses per year)New 10 year Franchise agreement (Currently $50,000 + GST - Included in the asking price)+ 10 year optionFranchisors Admin and Legal costs ($10,000 + GST - Included in the asking price)Annual Turnover is the vicinity of $1,938,896 (FY2025).(Approx. break-up - Drive Thru 55% / Dine In, Takeaway and C&C 45%)Trading Hours are:Daily 9.00am 9.00pm (Friday 10.00pm)Option to trade longerSAV approximately $14,000Staffing -1 full time + 2 part-time + 12 casuals (varies)Staff wages - Approx $8,000 per week - under managementReturn to an Owner Operator is in the vicinity of $162,000 EBIDTA (FY2024) - subject to control of costs in line with Red Rooster benchmarksA working couple or family will realize great returns for their efforts$199,000 (Plus GST of $7,250 - recoverable)Price Includes:Initial 10 year franchise agreement - $50,000 + GSTTraining - $15,000 + GSTFranchisor administration and legal costs - $10,000 + GSTBuyer will also need to pay for a background check - $795 + GST This is paid directly to an independent company. BANK Finance of up to 50% may be available to approved applicantsReason for sale - Franchisor seeks new franchise partnerFor more information, please contact:Reg Butler / Glenn Robertson0438 189 657 / 0408 449 747reg.b@businessbrokersnetwork.com.auBomaderry is a bustling, family-oriented suburb positioned on the northern banks of the Shoalhaven River Situated approximately 154 km south of Sydney,it acts as a critical transport link and the absolute southern terminus for the NSW TrainLink South Coast railway line.Bomaderry records a population of approximately 6,700 people. Functioning as the northern twin town to the regional hub of Nowra, it shares tight-knit borders with several neighbouring localities, including North Nowra, Meroo Meadow, Bolong, and the nearby historic tourist town of Berry.Historically a rich agricultural footprint, Bomaderry's contemporary economy is highly diversified. Key structural industries driving employment include manufacturing (notably paper and industrial starches), healthcare and social assistance, retail trade, and construction. Tourism also plays a massive role due to its proximity to the Shoalhaven River and Jervis Bay. Additionally, the nearby HMAS Albatross naval air station injects steady defense-tech and aviation industry growth directly into the immediate area.

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Well located Casual Dining Restaurant, in Warrawong - great rent!

Wollongong, NSW, 2500

Food/hospitality · Restaurant

$300,000 + SAV

RASHAYS currently has 34 locations across NSW, VIC & QLD, feeding over 60,000 customers per week who have grown to love their unique concept.You will find RASHAYS serving up great food in a relaxed dining atmosphere. They have been giving the people of Australia exceptional casual dining experiences for more than two decades, earning a reputation for trust, quality, affordability and enjoyment.The Warrawong restaurant offers an excellent opportunity for an Owner/ Operator to take the business to the next level. This is presently run under management by a multi-site owner operator FFranchisee. The opportunity would suit a family, current food business operator or a first time business venture, who wants to own their own piece of business with an excellent franchise group. Support and training will be forthcoming, with an exquisite menu that appeals to the entire family. The restaurant boasts over 150 seats, and trades daily from 9am - 11pm - with an experienced team to support you. Priced to sell - under fit out cost! Trading well. Great rent, A must see!Don't delay, enquire today! Contact - Pradeep(m) 0434 779 456// (e) pradeep@bizsalesready.com.au - to find out more.

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Restaurants for Sale in Wollongong, NSW

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