Oporto Business for sale in Sydney - 1SELL Listing Number: 1AU0140

$1,099,000 + SAV

Oporto Business for sale in Sydney - 1SELL Listing Number: 1AU0140.

$1,099,000

Oporto Business for sale in Sydney

1SELL Listing Number: 1AU0140.

Asking Price $1,099,000

About the Business:

  • Great opportunity to acquire well known Oporto Business. Located in a prime location, close to Sydney CBD.
  • Currently operated fully under management.
  • Monthly revenue over $235,000 approx.
  • Total rent is approx. $12,945/month Plus outgoings.
  • Hours of Operation: 7 days: Mon- Sun- 10AM-3AM
  • Over $2.7 million in annual sales.
  • Full training provided by Oporto to eligible candidate for 10 weeks.
  • Great opportunity for owner-operator or under management asking price is $1,099,000.
  • Long lease.

Revenue and Expenses:

  • Sales = $235,000/month or more approximately
  • Expenses= approx. $92,357/month
  • Net income before tax = approx. $25,009/month under management currently. Over $300,106/per year before taxes approximately.

Cost to acquire:

  • Business: $1,099,000
  • Training Cost: $12,000
  • License, transfer fees and other associated fees: $20,000 approx. 
  • Rental Bond
  • Stock At Value.

Note: All genuine records are in place. It can be supplied to serious prospective buyers after a 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 Potts Point
Property Type Business
Category Food/Hospitality

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