Red Rooster Drive-Through Franchise - Noranda

Red Rooster Drive-Through Franchise - Noranda — Food & Beverage · Noranda, Perth · Asking $490,000 · Revenue $1,664,000

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

DealProspect/Listings/Food & Beverage

Red Rooster Drive-Through Franchise - Noranda

Takeaway

ActiveFood & BeverageWestern AustraliaB2C

Find funding for this deal →View original listing ↗

Asking price

$490,000

Disclosed · AUD

Revenue

$1,664,000

TTM

Earnings (est.)

~$234,458

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~2.1×

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

Takeaways in Western Australia

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Listed

+3 in 30 days

Median asking

$320K

23 priced

Median revenue

$1.4M

10 disclose

Earnings multiple

1.6×

135 listings

Time listed

30d

5 tracked

Price drops

in 30 days

Asking price spread23 of 24 state a price

This listing · $490K

13%

30%

43%

13%

Under $100K$500K–$1M

Victoria 404 · Queensland 156 · New South Wales 114 · Auckland 74 · Bay of Plenty 10 · South Australia 8

Manufacturing businesses 39 · General retail businesses 35 · Wholesale and distribution businesses 32 · Automotive workshops 27 · Cafes 25 · Childcare centres 25

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