Red Rooster franchise! The Lakes, Currajong Townsville, Long Lease until 2046! T

About the Business

Red Rooster is Australia's largest homegrown fast-food chicken chain, founded in Western Australia in 1972.
Headquartered in Sydney and owned by Craveable Brands, the company operates a franchised network of roughly 325 restaurants nationwide.

Townsville is the thriving coastal capital of North Queensland and home to over 204,000 residents.
It seamlessly blends a relaxed, sun-drenched lifestyle with the infrastructure of a major administrative and industrial hub. The city averages 320 sunny days a year.

As Northern Australia's strategic gateway, Townsville hosts the country's largest military base, a bustling international seaport, and world-renowned marine research facilities, including James Cook University.


The Lakes Food Precinct is a convenient casual dining and fast food hub located on Woolcock Street and Attlee Street in Currajong


RED ROOSTER THE LAKES FEATURES INCLUDE:

Current Lease expires August 2032 + 1 x 5 year options

Rent excluding G.S.T. is $12,607 per month + $5,062 per month outgoings

Annual increases are 3%

No rent rental bond is required

The business has been establish for many years
Owned by Current Owner since July 2015

Remodel was completed during 2021. NO imminent refurbishment is required

The current franchise agreement is current until August 2027 + a 10 year option

Franchisors Admin and Legal costs $10,000 + GST

Franchise Agreement $50,000 + GST

Training $12,500 + GST
8 - 12 weeks (8 courses per year)

Annual Turnover is the vicinity of $1,960,000 (FY2026)

Trading Hours are :
Daily 10.00am - 9.00pm
The opportunity is there to trade longer

SAV (Stock at Value) is approximately $10,000

Staffing consists of 3 full time + 15 casuals (varies)
Staff wages are approximately $8,600 per week (Includes Manager and superannuation)

Return to an Owner Operator is in the vicinity of $173,000 EBIDTA (FY2026)
A working couple or family will realize great returns for their efforts, say $225,000 EBITDA

Reason for sale - Downsizing

For financials available

Up to 60% Bank finance may be available to approved applicants

For more information, please contact:

Reg Butler
0438 189 657

Glenn Robertson
0408 449 747

[email protected]