Red Rooster Geelong Two Busy Service Centre Locations

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


Key Strengths:


About the business

Located on the Geelong Ring Road in the BP Service Centres Two Locations

Red Rooster is a trusted brand with a dynamic and high quality product range.

- Situated in a very busy location on major ring road
- Sales growing with introduction of NEW Fried Chicken
- Stores are fully compliant with Red Rooster
- All Equipment is in top condition.
- 15 Year Lease in place with further options
- Currently run under management but would benefit further from owner/operator
- One of Victoria's biggest growth corridors
- Opportunity to grow the business through Marketing & Catering
- Strong weekly sales with delivery increasing
- Loyal and growing customer base already exists
- Both stores are currently being run fully under management
- Highly profitable business, especially to an owner operator
- Accredited Brand for Finance with some major Banks
- No prior experience required; full training and ongoing support provided
- Recognised and respected franchise brand with over 330 stores nation wide
- Comprehensive national marketing program to deliver sales to your business


These businesses are priced to sell at $640,000 for both locations - owner will seriously consider offers brought forward!

This is an excellent opportunity to secure one of Australia's high profile, highly sought after franchises.

For more information, please contact our local Melbourne based franchise broker Rod Justin: 03 5215 1113 or rod.j@businessbrokersnetwork.com.au
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Asking Price:
$640,000
Yearly Profit :

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Country

Australia

State

Victoria

Suburb

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Postcode

3220

Locality

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Established on

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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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