Business Summary

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.

Property Code: 93

Property Details