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Restaurants for Sale in Townsville, QLD

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TOWNSVILLE, QLD
New
QLD
$650,000 + SAV
Red Rooster is Australia's largest homegrown fast-food chicken chain, founded in Western Australia in 1972.Headquartered in Sydney and owned by Craveable Brands, the company operates a franchised network of roughly 325 restaurants nationwide.Townsville is the thriving coastal capital of North Queensland and home to over 204,000 residents.It seamlessly blends a relaxed, sun-drenched lifestyle with the infrastructure of a major administrative and industrial hub. The city averages 320 sunny days a year.As Northern Australia's strategic gateway, Townsville hosts the country's largest military base, a bustling international seaport, and world-renowned marine research facilities, including James Cook University.The Lakes Food Precinct is a convenient casual dining and fast food hub located on Woolcock Street and Attlee Street in CurrajongRED ROOSTER THE LAKES FEATURES INCLUDE:Current Lease expires August 2032 + 1 x 5 year optionsRent excluding G.S.T. is $12,607 per month + $5,062 per month outgoingsAnnual increases are 3%No rent rental bond is requiredThe business has been establish for many yearsOwned by Current Owner since July 2015Remodel was completed during 2021. NO imminent refurbishment is requiredThe current franchise agreement is current until August 2027 + a 10 year optionFranchisors Admin and Legal costs $10,000 + GSTFranchise Agreement $50,000 + GSTTraining $15,000 + GST8 - 12 weeks (8 courses per year)Annual Turnover is the vicinity of $1,960,000 (FY2026)Trading Hours are:Daily 10.00am 9.00pmThe opportunity is there to trade longerSAV (Stock at Value) is approximately $10,000Staffing consists of 3 full time + 15 casuals (varies)Staff wages are approximately $8,600 per week (Includes Manager and superannuation)Return to an Owner Operator is in the vicinity of $173,000 EBIDTA (FY2026)A working couple or family will realize great returns for their efforts, say $225,000 EBITDAReason for sale - DownsizingFor financials availableUp to 60% Bank finance may be available to approved applicantsFor more information, please contact:Reg Butler0438 189 657Glenn Robertson0408 449 747reg.b@businessbrokersnetwork.com.au
New
QLD
$1,200,000
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 Red Rooster franchise Deeragun, situated in the Townsville area.Deeragun is a growing residential suburb located 16 kilometers north of Townsville.Positioned along the Bruce Highway, it serves as a key commercial hub for surrounding northern communities.The family-friendly area features local schools, convenient shopping complexes, and excellent access to regional amenities and coastal recreation.Northside Square in Deeragun is a mixed-use retail and commercial precinct, housing a mix of national fast-food chains, major brands, and local services.Tenants at Northside Square include, Subway, Night Owl, Cellarbrations liquor store, Baskin Robbins, Troy's Kebabs, and Pizza HutRED ROOSTER DEERAGUN FEATURES INCLUDE:Current Lease expires September 2036 + 2 x 5 year optionsRent excluding G.S.T. is $17,250 per month. This includes outgoingsAnnual increases are linked to CPINo rent rental bond is requiredThe business has been establish for 14 yearsOwned by Current Owner since July 2012Remodel was completed during 2023. NO imminent refurbishment is requiredThe current franchise agreement is current until September 2032 + a 10 year optionFranchisors Admin and Legal costs $10,000 + GSTFranchise Agreement $50,000 + GSTTraining $15,000 + GST8 - 12 weeks (8 courses per year)Annual Turnover is the vicinity of $2,150,000 (FY2026)Trading Hours are:Daily 9.30am 9.00pmThe opportunity is there to trade longerSAV (Stock at Value) is approximately $10,000Staffing consists of 2 full time + 18 casuals (varies)Staff wages are approximately $9,000 per week (Includes Manager and superannuation)Return to an Owner Operator is in the vicinity of $330,000 EBIDTA (FY2026)A working couple or family will realize great returns for their efforts, say $385,000 EBITDAReason for sale - DownsizingFull financials availableBank finance of up to 60% against the business may be available to approved applicantsFor more information, please contact:Reg Butler0438 189 657Glenn Robertson0408 449 747reg.b@businessbrokersnetwork.com.au
New
QLD
$425,000 + SAV
New
QLD
$375,000 + SAV