Red Rooster Franchise, Deception Bay

Red Rooster Franchise, Deception Bay — Food & Beverage · Deception Bay · Asking $350,000 + SAV · Revenue $1,900,000

Drive-thru and dine-in Red Rooster franchise about 30 km north of the Brisbane CBD Established for around 20 years and open every day Restaurant is well presented and not due for a remodel this term, though some repainting is needed Franchise agreement runs to 2030 with a ten-year option available at a yearly fee Lease has three further five-year options; no rental bond required Currently run…

DealProspect/Listings/Food & Beverage

Red Rooster Franchise, Deception Bay

Takeaway

ActiveFood & BeverageQueenslandB2C

Find funding for this deal →View original listing ↗

Asking price

Revenue

$1,900,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Drive-thru and dine-in Red Rooster franchise about 30 km north of the Brisbane CBD
Established for around 20 years and open every day
Restaurant is well presented and not due for a remodel this term, though some repainting is needed
Franchise agreement runs to 2030 with a ten-year option available at a yearly fee
Lease has three further five-year options; no rental bond required
Currently run under management with a part-managed wage bill

How it compares

Takeaways in Queensland · asking prices

In line with bigger takeaways here

Bigger takeaways here ask a median 0.25× revenue. On its $1,900,000 revenue, that points to about $478,000; reads like this are typically within 30%, so $335,000 to $621,000. It asks $350,000, inside that range.

Asking price: $350,00057% above the median of $222,500
Revenue: $1,900,000median is $935,000
Revenue multiple: 0.18×0.28× across the market; 0.25× for bigger ones, 0.33× for smaller
Time listed: 25 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 · $350K

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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