RED ROOSTER - FRANCHISE -SBXA

Industry: Professional - Brokerage, Professional - Property/Real Estate, Professional - Brokerage, Professional - Property/Real Estate | Listed by: Business Brokers Network Australia


Key Strengths:


About the business

RED ROOSTER: UPGRADED STORE NOTHING TO SPEND LONG LEASE

With one of Australia's most recognised brand identities and a well-established franchise support network, Red Rooster offers exciting business opportunities for the right candidates. If you are a committed go-getter with bags of energy and a flair for business, you could join the numerous Red Rooster Franchisees who have already built their own business through our network.

Australia's Favourite Chicken

Red Rooster is an Australian icon, born in 1972 and still growing today. When you are granted a Red Rooster franchise, you're not just buying a restaurant; you are buying a powerful brand, built over 30 years. It's a brand that Australia trusts, day in day out.

Many other brands and product categories have come and gone. Red Rooster continues to grow incrementally, year in year out.

About Us

With over 350 stores nationwide, serving over 15 million chickens a year, we are one of Australia's most popular fast-food outlets.

Red Rooster has over 360 stores nationwide. In addition to their long-established roast, A-grade, fresh chicken and famous chips, Red Rooster also offers healthy baguettes and salads, plus delicious burgers and wraps.

Key Features :-

* A high volume store with sales over $1.4 MIL per annum excl GST.

* Long lease & reasonable rent.

* Drive thru store in a prominent location.

* Fully upgraded store

* Multi-store owner downsizing.

Be in business for yourself…but not by yourself.

Special funding package from major financial institutions.

To enquire on this business visit www.sbxa.com.au

For full details contact Sunny Singh on sunny.singh@sbxa.com.au or on 0433 239 589.

Sunny brings with him over 10 years of business broking experience and 25 years of valuable hands-on experience as a Founder and Director of various businesses. He is a trusted Licensed Business Broker and has a wealth of experience in selling franchises,supermarkets, service stations and other small to medium businesses.

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRERS IN RELATION TO THE BUSINESS AND NOT TO RELY UPON ANY WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.
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Asking Price:
$599,000
Yearly Profit :

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Country

Australia

State

Queensland

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Advertiser Details
Thinking of buying this business?

Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:

  • Ensure the seller is 100% verified by us
  • Can you afford it? Do you need financing to assist with the purchase?
  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified etc
  • Make sure it’s the right business for you!

In a nutshell, a business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met. Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private.

Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.

Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

From start to finish, the entire business transaction can be done through the Eden Exchange platform.

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