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Restaurants for Sale in Helensvale, QLD

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HELENSVALE, QLD
New
QLD
$99,000 + SAV
PLEASE READ FULLY AND UNDERSTAND BEFORE EXPRESSING AN INTEREST!Ideally suited to CASH buyer with a good understanding of QSR ownership!Franchisor seeks a new franchisee dedicated to grow this thriving business! (NOT suited to investors seeking a passive sideline income)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 Helensvale franchise.SPECIFIC FEATURES INCLUDE:Current Lease expires July 2031. There will be NO options.Size is 204m2 + Drive Thru + Alfresco seating + Car parkingRent excluding G.S.T. is $14,580 per month and includes outgoingsCPI Annual increasesNo rental bondEstablished recently in 1992Owned by Current Owner since 2025 (very little financial information available)Refurbishment is expected to cost in the vicinity of $87,000.Training - $15,000 + GST (Included in the asking price)8 - 12 weeks (8 courses per year)Franchise agreement current until July 2031 (Included in the price)Franchisors Admin and Legal costs $5,000 + GST (Included in the asking price)Annual Turnover is the vicinity of $1,800,000 (FY2025).(Approx. break-up - Drive Thru 60% / Takeaway 18% / Dine In 3% / 3rd Party Delivery 19%)Trading Hours are:Daily 9.00am 9.00pmOption to trade longerSAV approximately $14,000Staffing -1 full time + 2 part-time + 20 casuals (varies)Staff wages - Approx. $9,500 per week - under managementReturn to an Owner Operator is in the vicinity of $147,000 EBIDTA (FY2025) - subject to control of costs in line with Red Rooster benchmarksA working couple or family will realize great returns for their efforts$99,000 price Includes:Current remaining franchise agreementTraining - $15,000 + GSTFranchisor administration and legal costs - $5,000 + GSTBuyer will be responsible for the refurbishment with expected cost in the $87,000 vicinity.Reason for sale - Franchisor seeks new franchise partnerFor more information, please contact:Reg Butler / Glenn Robertson0438 189 657 / 0408 449 747reg.b@businessbrokersnetwork.com.au
QLD
$600,000 + SAV