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Logan Central, VIC
Red Rooster franchise - Logan Region! A Very Fast growing region! Long Lease until 2054!
VIC
Food/hospitality · Retailer
$450,000 + 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 of the fastest growing regions in SEQ. The population is expected to increase 15,000 per annum for a few yearsN.B. THIS BUSINESS IS BEING SOLD BASED ON ITS TREMONDOUS POTENTIALFEATURES INCLUDE:Current Lease expires 2034 + 4 x 5 year optionsRent excluding G.S.T. is $11,700 per month. NO outgoings3% Annual increasesNo rent rental bond requiredRecently establishedNO imminent refurbishment is requiredFranchise agreement current until 2034 + 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 $1,750,000 (FY2025) MASSIVE POTENTIALTrading Hours are:Weekdays 9.00am - 10.00pmWeekends 10.00am - 10.00pmOption to trade longerSAV approximately $12,000Staffing -1 full time manager = 4 Supervisors + 2 full-time + 20 casuals (varies)Staff wages - Approx. $9,400 per week - under management + superannuationReturn to an Owner Operator to be discussedReason for sale - Other interestsFor more information, please contact:Reg Butler0438 189 657reg.b@businessbrokersnetwork.com.au
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