Red Rooster Franchise - The Lakes, Townsville

Red Rooster Franchise - The Lakes, Townsville — Food & Beverage · Currajong, Townsville · Asking $650,000 · Revenue $1,960,000 · EBITDA $173,000

Established Red Rooster fast-food franchise in a Townsville food precinct Long lease with a further option Franchise agreement current with a long-term renewal option Staffed by full-time and casual team members Recent site remodel completed

DealProspect/Listings/Food & Beverage

Red Rooster Franchise - The Lakes, Townsville

Takeaway

ActiveFood & BeverageQueenslandB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$1,960,000

TTM

EBITDA

$173,000

Implied multiple (assumed)

Brief

• Established Red Rooster fast-food franchise in a Townsville food precinct • Long lease with a further option • Franchise agreement current with a long-term renewal option • Staffed by full-time and casual team members • Recent site remodel completed

How it compares

Takeaways in Queensland · asking prices

32% above bigger takeaways here

Bigger takeaways here ask a median 0.25× revenue. On its $1,960,000 revenue, that points to about $493,000; reads like this are typically within 30%, so $345,000 to $641,000. It asks $650,000.

Asking price: $650,0002.9 times the median of $222,500
Revenue: $1,960,000median is $935,000
Revenue multiple: 0.33×0.28× across the market; 0.25× for bigger ones, 0.33× for smaller
Time listed: 58 daysno price change

Takeaways in Queensland

Takeaways for sale in Queensland (106) →

Listed

106

+28 in 30 days

Median asking

$223K

104 priced

Median revenue

$935K

67 disclose

Earnings multiple

1.7×

28 listings

Price drops

in 30 days

Asking price spread104 of 106 state a price

This listing · $650K

22%

31%

35%

11%

Under $100K$1M–$2.5M

Australia 577 · Victoria 314 · New South Wales 115 · Western Australia 22 · South Australia 10

Cafes 139 · Automotive workshops 75 · Restaurants 75 · General retail businesses 59 · Manufacturing businesses 57 · Hair salons 54

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