Gold Coast Region QLD Region, Queensland
$190,000 + SAV
Key Features
AI generated. Contact seller to confirm.
- Drive thru and dine in location
- Prominent Gold Coast fast growing region
- Rent excludes GST; no outgoings
- Annual turnover circa $1,580,000 FY2025
- Franchise agreement until March 2027 plus 10-year option
- Refurbishment required; factored into sale price
- Turnover: $1,580,000
- Net Profit: Not disclosed
- Rent/Lease: $13,383 per month; Lease expires December 2029
- Stock Value: $10,000
- Established: 1972
Business Details
Business Category Restaurant
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 outgoings
4% Annual increases
No rent rental bond required
Long established and well known within the region
A 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 option
Franchisors Admin and Legal costs $10,000 + GST
Training $12,500 + GST
8 - 12 weeks (8 courses per year)
Annual Turnover is the vicinity of $1,580,000 (FY2025) MASSIVE POTENTIAL
Trading Hours are:
Daily 10.00am - 9.00pm
Option to trade longer
SAV approximately $10,000
Staffing -1 full time manager + 25 casuals (varies)
Staff wages - Approx. $7,985 per week - under management + superannuation
Potential Return to an Owner Operator in the vicinity of $130,000 FY2025 with control of costs
Reason for sale - Downsizing
For more information, please contact:
Reg Butler
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