The Proserpine economy relies predominantly on sugar cane and cattle production and is also the gateway to the tourist Mecca of the Whitsunday region. This Red Rooster business is well located to not only capture the local market but also the high volume of traffic along the Bruce Highway. It is located adjacent to a service station maximizing the exposure to through traffic. The new purchasers will walk into an on going cash positive business including a point of sale system, all training and operations manuals, a fully trained management team, all signage, furniture, plant and equipment.
The restaurant would be ideal for those wishing to start their own business.

Location:
Proserpine is on the Bruce Highway 125 km North of Mackay. The population is approximately 4000 with a further growing population at Airlie Beach and Cannonvale just 36km to the East. This entire area has grown in recent times, as has the North Queensland population in general due to the ever-increasing tourism and employment opportunities available. The local airport caters for daily flights to Brisbane as well as direct flight to Sydney and Melbourne.

The Building:
The air conditioned restaurant is part of the Caltex service station building, standing adjacent to their service outlet and located on the Bruce highway.

The Business:
Financial year 06/07 – Gross sales of $665,300 with a net profit of $114,349.
Financial year 07/08 – Gross sales of $815,820 with a net profit of $111,500.

The business is to be sold as a fully managed going concern and comes with:
- A point of sale system
- EFTPOS
- All Training and Operations manuals
- A fully trained management team
- All kitchen Plant and Equipment
- Furniture
- Road Signage

This business has the capacity to increase substantially in turnover with an upgrade in premises and an owner operator’s touch.

There are 3 full time as well as 8 casual employees. All staff entitlements will be paid by the vendor prior to settlement. The current management team are fully trained in the operational systems and can be retained if required, the relevant training and operations manuals will also be provided along with the franchise agreement (on application).

Stock on hand usually runs between $10,000 and $12,000.

Plant & Equipment:
The equipment was all replaced in 2005. Please contact our office for a comprehensive list.

Price: Expression of Interest close 5pm Tuesday the 9th of December 2008.

Expressions of Interest are to be lodged at Raine and Horne Ayr, P.O. Box 2007, Ayr or in person at Shop 3, 156 Queen Street by 5pm Tuesday 9th December, 2008.

Contact: Jack Slaney
Mobile 0427877522,
Office 0747837522,
Email ayr@rhq.com.au