Description
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 the Red Rooster Emu Plains franchise. This restaurant is situated amid numerous other fast-food restaurants, some trading 24 hours.
There are plenty of reasons to frequent or pass by the location.
Emu Plains is a suburb of Sydney with a population of approx. 8,000 people. It is 58 km west of the Sydney CBD, in the local government area of the City of Penrith and is part of the Greater Western Sydney region. Emu Plains is located at the foot of the Blue Mountains.
SPECIFIC RED ROOSTER EMU PLAINS FEATURES INCLUDE:
Current Lease expires January 2032 with 2 x 5 year options
Size is 200m2 + Drive Thru + Alfresco seating + 30 car spaces
Rent excluding G.S.T. is $5,417 per month + $1,180 per month outgoings
4% Annual increases
No rental bond
Established in May 2000
Owned by Current Owner since October 2023
Fit-out- Due 2025/2026. Estimated cost $80,000 - $100,000 tbc
Franchisee entry costs:
Training $12,500 + GST - (Included in the asking price)
8 - 12 weeks (8 courses per year)
Franchise agreement - Current until 2023 $25,000 + GST - (Included in the asking price)
+ 10 year option
Franchisors Admin and Legal costs $10,000 + GST - (Included in the asking price)
Annual Turnover is the vicinity of $1,067,000 FY2024.
(Approx. break-up - Drive Thru 55% / Dine In, Takeaway and C&C 45%)
Trading Hours are:
Daily 9.00am 9.00pm (Friday 10.00pm)
Option to trade longer, especially with neighboring tenant trading 24 hours e.g. McDonalds
SAV approximately $14,000
Staffing -1 full time + 2 part-time + 12 casuals (varies)
Staff wages - Approx $7,200 per week - under management
Return to an Owner Operator is in the vicinity of $80,000 EBIDTA (FY2024) - subject to control of costs in line with Red Rooster benchmarks
A working couple or family will realize great returns for their efforts
TO BE CLEAR the Price of $85,000 + SAV Includes:
Franchise agreement until 2032 - $25,000 + GST
Training - $12,500 + GST
Franchisor administration and legal costs - $10,000 + GST
For more information, please contact:
Reg Butler / Glenn Robertson
0438 189 657 / 0408 449 747
reg.b@businessbrokersnetwork.com.au
Singapore
