Eumemmerring VIC 3177

DESCRIPTION

Phone enquiries - please quote property ID 25183

Premises / Lease
Modern free standing restaurant (20+ seats)
Updated Drive Thru
22 exclusive cark park spaces
Outdoor seating area
Excellent street frontage with extremely high visibility
High passing traffic volumes on Princes Hwy
Excellent access
Primarily residential area with substantial summer holiday population increase
Red Rooster is rolling out an extensive menu change in FY 21. These changes are forecast to deliver considerable revenue growth and increased market share to the Red Rooster franchise network.
Red Rooster is one of Australia’s largest quick service restaurant networks with over 360 stores operating nationally. Red Rooster is an iconic homegrown Australian brand with enormous goodwill and brand recognition in the Australian market. Together with Oporto and Chicken Treat, Red Rooster is owned and operated by Craveable Brands Ltd therefore providing the Red Rooster network an incredible depth of resource backing, expertise, and support.
Red Roosters core product offer of roast chickens and burgers are perennial favourites and will never go out of fashion. Red Rooster is constantly updating its menu offer introducing new products and advertises aggressively to grow market share. Red Rooster introduces and embraces new market trends and technologies with a focus of delivering growth, business operations improvement, and cost reduction to its franchisees. Red Roosters core values, “We are Customer Fanatics. We Win Together. We Make a Difference. We are Open & Honest”, demonstrates its commitment to good franchising.
The Franchise Business History
Restaurant commenced trading in April 2008 as a franchise business.
In 2017 the business was purchased by Red Rooster and operated as a corporate store.
Current franchisee purchased the business in April 2018
The business has traded successfully for 12 years
The franchisee maintains very good operating standards through good staff training and selection
The business is currently operated under full management, with a Restaurant Manager and part time Shift and Assistant Managers.
The current Franchisee does not perform any direct operational duties, and is not rostered “on shift”; the franchisee performs predominately administrative duties and manages the restaurant manager’s performance.
The franchise business would benefit from a franchisee’s day to day, hands on involvement in both the restaurant operations and local area marketing of the business. A family or couple could replace the current manager structure, therefore converting the current management wages to household income.
The current franchisee believes that there is considerable opportunity to further improve the business performance through improved cost control and most especially local area marketing investment.
Growth

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