Walking distance to CBD – Long Lease
- Located next to Perth CBD
- Sales $23k to $26k per week
- Under management – 5 supervisors
- Opened as new Nov 2017
- $300,000 P & E in transferable depreciable assets
- Store cost $550,000 to set up
- Long lease to Nov 2037
- Profitable – easy operate in demand Franchise
- T/O $877,000 2020 and increasing
- Location is the busiest entertainment precinct of Perth
- Outstanding opportunity for an astute buyer
- Food Franchise for sale Perth
Current owner set up and opened the store as new in November 2017.
The plant & equipment is top quality and only two years old. The store cost $550,000 to establish.
The store’s weekly sales have been steadily growing since opening. Week of 23 August 2020 achieving $25,950 per week. These sales are continuing to increase as more employees of businesses in the area and the huge resident population become aware of the store’s existence.
A new extremely popular Fried Chicken option is about to be introduced to Red Roosters in WA. This new product has proven to be incredibly popular on the East Coast where it has been available in 2020. It is anticipated that this new special Fried Chicken product will increase sales by around $7,000 per week at this location when introduced in the near future.
The location is the main entertainment precinct of Perth with nightclubs, museum, art gallery, boutique shops and home to numerous outdoor events held all year round. All of these attractions pull people not only from the local area but from all over metropolitan Perth and overseas. Red Rooster takeaway fits perfectly as a quick meal during or after attending these events.
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.
This Red Rooster offers a buyer huge potential in growth and possibility of high net profits in the years ahead as the business becomes more well known not only to patrons of the area but from all over Perth. Currently showing strong sales growth and has experienced well trained management in place. Very long lease at reasonable rent provides security of tenure and long term options for resale at a buyers leisure.
Ideal operation for a buyer looking for passive income in a popular and easy to manage franchise.
Act quickly to secure this opportunity of food franchise for sale Perth.
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