Famous Oporto Business for sale in Sydney - 1SELL Listing Number: 1AU0131

$699,999

Famous Oporto Business for sale in Sydney 

1SELL Listing Number: 1AU0131

Offers over $699,999

About the Business:

  • Exceptional opportunity to acquire an Oporto business in the Western Suburbs of Sydney.
  • Just a few kilometres from Sydney Central.
  • Currently fully operated under management.
  • Monthly revenue exceeds approximately $149,650.
  • Total rent is approximately $19,200 per month + GST.
  • Operating hours: 7 days, 9 am to 11.45 pm.
  • Annual sales around $2 million.
  • Full training provided by Oporto for eligible candidates over an 8-week period.
  • A great opportunity for an owner-operator or under management, with an asking price starting at $699,999
  • Long lease in place.

Revenue and expenses:

  • Sales: Approximately $149,650 per month or more.
  • Expenses: Approximately $78,900 per month.
  • Annual income may exceed $338,000 before taxes for an owner-operator, equating to over $28,100 per month before taxes.
  • Currently, net income before tax is approximately $19,300 per month under management, totalling over $232,500 per year before taxes.

Cost to acquire:

  • Business: Offers over $699,999
  • Training cost: $12,000
  • License, transfer fees and other associated fees: $20,000 approx. 

Note: All genuine Oporto records are in place. It can be supplied to serious prospective buyers after site visit and personal interview.

Disclaimer: Listing photos are for illustration purposes only and are not actual images of the business on sale. THE PURCHASER IS TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

Details

Suburb Sydney
Property Type Business
Category Food/Hospitality

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