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Restaurants for Sale in Robina, QLD

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ROBINA, QLD
New
Red Rooster franchise - Gold Coast area! A Very Fast growing region! Suit Owner/operator
QLD
Food/hospitality · Restaurant
$175,000 + 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 a Drive thru and Dine in Red Rooster franchise, prominently located in one the Gold Coasts fastest growing regions.FEATURES INCLUDE:Current Lease expires December 2029. New lease or additional options can be discussed.Rent excluding G.S.T. is $13,383 per month. NO outgoings4% Annual increasesNo rent rental bond requiredLong established and well known within the regionA refurbishment is required and this has been factored in when setting the sell price.(This will need to be done shortly after settlement. Proof of funds will be required as part of the transfer process)Franchise agreement current until March 2027 + 10 year optionFranchisors Admin and Legal costs $10,000 + GSTTraining $15,000 + GST8 - 12 weeks (8 courses per year)Annual Turnover is the vicinity of $1,580,000 (FY2025) MASSIVE POTENTIALTrading Hours are:Daily 10.00am - 9.00pmOption to trade longerSAV approximately $10,000Staffing -1 full time manager + 25 casuals (varies)Staff wages - Approx. $7,985 per week - under management + superannuationPotential Return to an Owner Operator in the vicinity of $130,000 FY2025 with control of costsReason for sale - DownsizingFor more information, please contact:Reg Butler0438 189 657reg.b@businessbrokersnetwork.com.au
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