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DealProspect/Listings/Food & Beverage

Red Rooster Drive-Through Franchise - Noranda

Takeaway

ActiveFood & BeverageWestern AustraliaB2C
Asking price
$490,000
Disclosed · AUD
Revenue
$1,664,000
TTM
Earnings (est.)
~$245,274
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.0×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Red Rooster drive-through restaurant, currently run under management
  • Located on a busy road in Perth's northern suburbs
  • New 10-year franchise agreement to 2035 included in price
  • Lease in place until 2030 with a further 5-year option
  • Part of a franchise network of over 360 stores nationwide
  • Refurbishment planned to take place after handover