Red Rooster

Excellent opportunity to purchase one of Australia's high profile highly sought after franchises. Located in Sale, regional Victoria just 2.5hrs from the Melbourne CBD. Excellent returns with a strong growth pattern. This business has highway frontage with drive thru and thousands of customers passing daily. The gateway to the Gippsland lakes this business will continue to grow year on year.
Operating Hours: 7 days. 10.00am to 9.30pm.
Owners Role: Part Time 20hrs per week, store is set up to run under full management if required with staff trained and in place.
Lease/Premises: Leased 7 yrs + 2 x 5 options.
Franchise agreement - 7 years remaining with a 10 yr option giving 17 years of security.
Turnover: $1,250,000, Adjusted Net Profit: $170,000
Return on Investment: 40+%. 
Asking Price: $400,000 - $450,000 + Stock Value: $15,000
Business has over $200,000 in depreciable equipment
Contact: Dale Griggs Phone: 0448 996128
HUGE OPPORTUNITY, Stores of this caliber are returning $750K plus in metro locations

Store is to have a signage update in 2013/14 along with National Red Rooster guidelines,

Additional Details

Years Established: 8
Gross Turnover: 1.25 mill
Stock Included: No
Approximate Stock Value: 15,000
Property Title Included: No
Business Relocatable: No
Business Operated from Home: No
Local Council: Wellington

Buyer Resources

When buying a business there are lots of useful, and most often free, online resouces to assist you make a well informed decision on which business to purchase.

Australian Government Business Resource website

Business Tax Office Support website

Australian Competition and Consumer Competition website

Directory of Government and Business Associations website