Takeaway Food business for sale in Perth
- Takeaway Food
- Perth WA 6000
- $649k plus SAV
Red Rooster Drive Thru Business for Sale $649k + SAV
All reasonable offers considered!
-T/O FY23 $2.7M
-Net profit FY23 $299k
-Weekly Sales AV FY24 as of Feb $36k
-Assets P & E $250k
-Profitable well established Drive Thru business
-Lease until December 2042
-Located 28 mins from Perth CBD
-Easy to operate in demand Franchise
A very attractive business opportunity; profitable Drive-Thru business, a long lease and savings into the future via solar installation. The owner is keen to sell, due to another business opportunity overseas and has said will consider all offers.
Located in a very popular family catchment of Perth. This area is undergoing some of the biggest real estate development projects in the State. New station due to open 2024.
Assets plant & equipment transferable total of $250,000. This will provide a buyer with a potential tax saving of $62,500 to a buyer via depreciation.
100% under efficient management.
Breakfast is available In-Store or via Drive Thru. This store is one of only a few Red Rooster stores in WA, fully equipped to serve Breakfast. Store hours could be extended to open earlier and promote Breakfast for early morning commuters. Breakfast bar includes a coffee machine, toaster, clear bench top cabinet and all full plumbing and electrical installations have been completed.
Currently operating from 09:30 am to 10:00 pm. Increasing trading hours both earlier and later would further boost sales. A new brand initiative has been introduced, wherein all sales occurring after 10 pm will be royalty and advertising fund free (9.5%).
The owner recently installed, at considerable cost, an inverter and 79 solar panels, which are included in the sale and belong to the business, not the landlord. They are included on the plant & equipment list. Electricity is one of the highest expenses in a Red Rooster Store and solar can reduce this expense by up to 50%. This is a huge benefit for a buyer of this business. Relatively few stores have solar installed due to the up-front cost.
A longer than usual lease to 2042 provides added security for a buyer.
Strategically located, the store has undergone recent refurbishments, featuring new signage, DMB, and timers. All frying equipment has been upgraded to ensure optimal performance.
For more information, contact Advance Business Brokers (AU) at admdim(at)advancebusinessbrokers.com