- Price: $950,000 + SAV
- Categories: Food/Hospitality, Franchise
RASHAYS® currently has 32 locations across NSW, VIC & QLD, feeding over 60,000 customers per week who have grown to love their unique concept.
You will find RASHAYS serving up great food in a relaxed dining atmosphere. They have been giving the people of Australia exceptional casual dining experiences for more than two decades, earning a reputation for trust, quality, affordability and enjoyment.
Logan Hyperdome Shopping Centre is situated in Loganholme. It is the largest shopping centre in Logan City and one of the largest single storey shopping centres in Australia.
Event Cinemas operate a cinema complex within the centre, situated within eyesight of RASHAYS Loganholme.
Features of RASHAYS Loganholme include:
Large Restaurant and alfresco eating area boasting45 Tables 130 Chairs Inside and 14 Tables 50 Chairs Outside
Long Lease - expires 2032
Rent is $17,854 / month + GST.
Outgoings $5,090 / month + GST
Promotion Fund 5% of Rent (Capped at $10,000)
Approx 4 months Rental Bond is required
Established June 2021
Great and recent fit-out, including kitchen and bar
Franchise Fees 12% of Turnover (Includes Marketing)
Franchise Entry Costs - Included in asking price and includes training
Trading Hours Daily 8.00am 11.00pm
Turnover 2023/2022 was well in excess of $3,000,000
Low 3rd Party Deliveries. 5.2% of turnover. Potential to grow the business if desired!
Well trained staff comprising 3 Supervisors Front, 3 Supervisors Back / Kitchen, Casuals (varies)
Staffing The store is currently run by Supervisors with occasion input from the out-of-town owner. However, it is more suited to an owner operator who should realize great returns for their efforts.
Out of town owner working approx 15 hours per week in the restaurant
The Owner resides interstate. Distance to travel to travel is the primary reason for the sale
Return to an owner operator was in the vicinity of $400,000 EBITDA FY2023
Price is $950,000 + SAV (Estimate $35,000) and includes franchisors entry costs. Negotiable
For more information, please contact:
Reg Butler
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