Red Rooster Franchise, North Lakes

Red Rooster Franchise, North Lakes — Food & Beverage · North Lakes · Asking $299,000 · Revenue $2,015,000

Red Rooster drive-thru and dine-in franchise in the thriving North Lakes area north of Brisbane Lease running to February 2029 plus a long-term option Fit-out extensively renewed around three years ago, with no imminent refurbishment required Staffed by a full-time manager, full-time employees and casuals under management Being sold as part of a restructuring and downsizing

DealProspect/Listings/Food & Beverage

Red Rooster Franchise, North Lakes

Takeaway

ActiveFood & BeverageQueenslandB2C

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Asking price

Revenue

$2,015,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Red Rooster drive-thru and dine-in franchise in the thriving North Lakes area north of Brisbane
Lease running to February 2029 plus a long-term option
Fit-out extensively renewed around three years ago, with no imminent refurbishment required
Staffed by a full-time manager, full-time employees and casuals under management
Being sold as part of a restructuring and downsizing

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How it compares

Takeaways in Queensland · asking prices

43% below bigger takeaways here

Bigger takeaways here ask a median 0.26× revenue. On its $2,015,000 revenue, that points to about $523,000; reads like this are typically within 30%, so $366,000 to $680,000. It asks $299,000.

Asking price: $299,00033% above the median of $225,000
Revenue: $2,015,0003rd biggest of 67
Revenue multiple: 0.15×0.29× across the market; 0.26× for bigger ones, 0.33× for smaller
Time listed: 1 dayrecently listed

Takeaways in Queensland

Takeaways for sale in Queensland (105) →

Listed

105

+28 in 30 days

Median asking

$225K

103 priced

Median revenue

$950K

67 disclose

Earnings multiple

1.7×

26 listings

Price drops

in 30 days

Asking price spread103 of 105 state a price

This listing · $299K

21%

31%

34%

12%

Under $100K$1M–$2.5M

Australia 577 · Victoria 312 · New South Wales 113 · Western Australia 23 · South Australia 11

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