Red Rooster The Lakes, Currajong (Townsville) - Long Lease

Red Rooster The Lakes, Currajong (Townsville) - Long Lease — Food & Beverage · Townsville · Asking $650,000 · Revenue $1,960,000

A Red Rooster restaurant in the Lakes Food Precinct at Currajong, Townsville, trading since 2015 under the current owner with a remodel completed in 2021. FY2026 turnover was around $1.96 million. No further refurbishment is required; the owner is downsizing, and bank finance of up to 60% may be available.

DealProspect/Listings/Food & Beverage

Red Rooster The Lakes, Currajong (Townsville) - Long Lease

Takeaway

ActiveFood & BeverageQueenslandB2C

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Asking price

Revenue

$1,960,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

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How it compares

Takeaways in Queensland · asking prices

In line with bigger takeaways here

Bigger takeaways here ask a median 0.26× revenue. On its $1,960,000 revenue, that points to about $509,000; reads like this are typically within 30%, so $356,000 to $662,000. It asks $650,000, inside that range.

Asking price: $650,0002.9 times the median of $225,000
Revenue: $1,960,000median is $950,000
Revenue multiple: 0.33×0.29× 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 · $650K

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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