*SOLD* BANKSIA GROVE, WA | Flagship Chicken Treat Drive Thru business for sale

7 days ago

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Summary

Incredible opportunity to own a flagship double drive thru in an exponentially growing brand!

Location Details

Tenancy 6, Banksia Grove, Corner Joondalup Drive & Joseph Boulevard

About the Opportunity

Chicken Treat is flying right now on:
• 36 months of positive growth
• the best sales in two decades
• franchisee profitability up 120 per cent year on year
• sales growth that has tripled in three years
• plans to increase sales by a further 50 per cent by FY23.

Chicken Treat is in its best period of sales growth in over two decades. With a pipeline of new stores currently under negotiation, this is your chance to secure one of the only Company operated stores in Perth. Opened in October 2019, this only double drive through in the network has established itself as one of Chicken Treat flagship sites.

• Only double Drive thru in the network
• Over $1.3M in annual sales
• Currently corporately run
• Less than 2 years old

Chicken Treat Banksia Grove is located on Joondalup Drive and is a part of the Banksia Grove Retail and Commercial Precinct. Banksia Grove Village contains all the amenities residents may need including Coles, Woolworths and Aldi, 7Eleven Fuel and various other specialty stores.

This is a high growth area with a current population of 26,000 within a 3km radius and total households numbering 8,000.

Want to know more about this opportunity? This is one of Chicken Treat's

• Store location: Tenancy 6, Banksia Grove, Corner Joondalup Drive & Joseph Boulevard, Banksia Grove
• Store Type: TIU Double Drive Through
• Size: 180m2 with a 20 seat restaurant and alfresco dining
• Lease Term: 10 years plus 2 x 7 year options
• Lessee: Australia Fast Foods Pty Ltd

Sale Price: $390,000plus SAV (Including Fees + GST)

Chicken Treat is owned by craveable brands. who own and operate a network of 580 franchised restaurants across the country. Their extensive intellectual property focuses on helping you succeed - franchising, training, property, construction, supply chain and technology teams are ready to get your restaurant open and running smoothly along with the operations, marketing and product development teams. Our experts are with you the whole way and are always on hand to help your store thrive long into the future.

Images are artist's impressions and therefore indicative of the restaurant's appearance.

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