Red Rooster Franchise Business For Sale #5401fr

Business Sold Brisbane, Queensland 4000

Business Category Franchise Business Opportunities Restaurant Takeaway Food

SOLD

Description

Red Rooster Franchise Business For Sale #5401fr

You can't get more Iconic than Red Rooster

They are Australia's first and favourite chicken shop with almost 50 years of serving families, the community and satisfying Australia's chicken cravings, with their famous roast chicken. Recently adding the Crunchy Fried Chicken to the menu, this kickstarts an exciting time of change and innovation for the brand. Red Rooster has recently been named QSR Media's Multi-site restaurant franchisor of the year.

This fully managed Franchise store opportunity has had one owner since opening back in 2017. It is situated a short distance from the Brisbane CBD, being surrounded by an excellent network of prestige suburbs, this Red Rooster has an extensive repeat of loyal customers. The perfect position homeward bound, for family's and workers.

- A new Lease this year for 4 x 5 year option, is well under 10% of sales, additional storage bay within the centre is included in the lease.

- Position in a lovely small strip of shops, the franchise is 104 sqm tenancy, is broken up into 56 sqm inside and 48 sqm outside with counter service and undercover external seating for 30 pax.

- Other key anchor tenants such as Chemist, Bakery, Japanese, National Bottle Shop, Night Owl all within the centre, with excellent parking within the centre and street parking.

- Excellent 100% supplier agreements in place, allow for outstanding consistent COG year on year.

- Having just had a store renovation and upgrade to signage and much new plant & equipment, all on a regular maintenance program.

- Tremendous consistent trading figures, year on year over one million dollars in sales with the recognised and approved Red Rooster delivery company agreements.

- An excellent Red Rooster team of efficiently trained staff serving on the Red Rooster brand values.

- The opportunity for a new owner to take control and accountability and continue on the success of this effectively run store.

Asking price: $318,000 + SAV


To find out more information about this business, please complete the confidentiality agreement quoting reference number: 5401FR XXXXXXXXXX Broker: Mark Kitson | E: XXXXXXXXXX | P: XXXXXXXXXX Head Office | P: XXXXXXXXXX | E: XXXXXXXXXX
Contact Seller

Bsale ID: 591402
Broker REF: 5401FR

ABS Business Sales