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Oporto Business for sale in Sydney

SOLD

Oporto Business for sale in Sydney - 1SELL Listing Number: 1AU083

 Offers over $700,000.00

About the Business:

  • Great opportunity to acquire Oporto Business in Sydney.
  • Just few kilometers from famous Opera house.
  • Currently operated fully under management
  • Monthly revenue over $131,255 approx.
  • Total rent is approx. $10,000 + GST/month.
  • Hours of Operation: Sunday – Thursday : 10.30AM till 11.30PM, Friday & Saturday: 10.30AM-2PM ;  potential to extend hours, this Oporto is on main road with Drive-through.
  • Over $1.6million annual sales.
  • Full training provided by Oporto to eligible candidates for 10 weeks
  • Great opportunity for owner operator or under management asking price offers over $700,000.
  • Long lease.

Revenue and expenses:

  • Sales = 131,255/month or more approximately
  • Expenses = approx. $46,685/month
  • Net income before tax = approx. $26,100/Month under management. (If owner operated it is over $37,000/month before taxes).
  • Annual income may over $440,000 before taxes for owner operator.

Cost to acquire:

  • Business: offers over $700,000
  • Training cost: $12,000
  • License, transfer fees and other associated fees approx. $20,000.00

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

Potential:

  • Increase operating hours.
  • Start breakfast. Huge demand for breakfast.
  • Working owner may increase the sale.

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 Cbd
Property Type Business
Category Franchise

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