Red Rooster Drive Thru-for sale $499k + SAV

2 days ago

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Angela Williams
 

Summary

Red Rooster Drive Thru-for sale $499k + SAV

About the Business

Sale Price Reduced! Refit Done – Franchise Agreement paid to 2035 –

-T/O FY25 $1.7m
-Net profit FY25 $187k
-Refit completed
-Weekly Sales AV $34k FY25
-Inside seating 30
-Long lease 2037
-Franchise Agreement until 2035
-Located 19 min (17.2 km) from Perth CBD
-Perfect addition for an existing Franchisee to add to their store portfolio
-Profitable established Drive Thru business
-This store is ready for a buyer to take-over and represents excellent value.

A full refit was completed in 2022 at a cost of around $220,000. The price of this business has been reduced from the original listing price of $695k to $499k. At $499k represents excellent value for a store with a recent complete fit out (approx. $220k), long lease and paid up Franchise agreement to 2035 transferable. Saving of approximately $45k to a buyer.

The buyer will consider all reasonable offers.

Long lease to 2037 provides for security of tenure to a new buyer.

High weekly sales figures of $34k per week and the store has shown consistent growth.

There is an opportunity to extend the trading hours to potentially increase extra profit.

A profitable Drive Thru franchise business in a great location close to Perth city centre. This business is an ideal addition to add to a portfolio of Red Rooster stores or as a first time purchase. A long lease at reasonable rent gives security of tenure and long term options for resale at a buyer’s leisure.

Act quickly to secure this opportunity of food franchise for sale Perth.

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