Price Reduced – Long lease to 2041
- T/O FY22 $1.9m +
- Net profit FY 22 $200k+
- Re-fit approx. $200k completed by Seller prior to settlement
- Weekly Sales AV $36k FY23
- Franchise Agreement until May 2025
- Long Lease to 2041
- Drive-Thru Mega Store
- Indoor Seating
- Located within the shopping centre precinct
- Solar on Roof – huge electricity savings
- Under Management
This store will have a re-fit completed by the owner/seller prior to settlement of business sale. The re-fit has been estimated at $200k so this is a considerable saving for a Buyer. The buyer will be going into a completely re-furbished up-graded store. Similar to a brand new store. Big saving and advantage.
The sale price of this business has just been reduced and represents excellent value to a buyer.
This Megastore Red Rooster is a strong performer in the Red Rooster WA group. Red Rooster sales have increased dramatically in the last year with the introduction of Fried Chicken options.
Drive Thru businesses make for great long term investments and usually operated under management, making for good passive income investment opportunities.
The store is in a prime location at the front of a busy shopping centre complex. The business has a long lease (including options) till 2041 which provides long term security of tenure for a Buyer.
This store has been increasing in sales at a great rate and should continue to grow as Red Rooster is putting more into marketing on a national level.
The current owner attends the store once a week to work with the store manager on the business, but if the new franchise partner works in the store, it will grow at a greater rate than its existing growth.
There is ample storage onsite.
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.
A profitable Drive Thru easy to operate franchise business, providing a high level of income with experienced well trained management in place.
Ideal operation for a buyer looking for passive income in a popular and easy to manage franchise.
This store is excellent value given its size, location and new refit being completed by the current owner.
Act quickly to secure this opportunity of food franchise for sale Perth.
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