Red Rooster Drive Thru-for sale $695k + SAV

6 days ago

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Angela Williams
 

Summary

Refit Done – Franchise Agreement paid to 2035

About the Business

Refit Done – Franchise Agreement paid to 2035

-T/O FY24 $1.8m
-Net profit FY24 $267k
-Refit completed
-Weekly Sales AV $34k FY25
-Inside seating 30
-Long lease 2037
-Franchise Agreement until 2035

This store is ready for a buyer to take over. A full refit was completed in 2022 at a cost of around $220,000.

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

Franchise agreement paid through to 2035 represents a saving to a buyer of $50,000 + GST.

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.

An excellent investment for a buyer looking for an opportunity to have under management at a later date and enjoy a good passive income or expand to more stores.

For more information , contact Advance Business Brokers (AU)

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