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DealProspect/Listings/Food & Beverage

Red Rooster Franchise, Currajong Townsville

Restaurant

ActiveFood & BeverageQueenslandB2C
Asking price
~$660,000
est. from headline + $10,000 stock · AUD
Revenue
$1,960,000
TTM
EBITDA
$173,000
Implied multiple (assumed)
~3.8×
Assumed · headline + $10,000 stock
Brief
  • Red Rooster franchise restaurant at The Lakes Food Precinct, Currajong, Townsville
  • Long lease in place until 2032 with a 10-year option
  • Franchise agreement current until 2032 with a further 10-year option
  • Remodel completed in 2023, no imminent refurbishment required
  • Staffed by 3 full-time employees plus casuals
  • downsizing