Business Summary

Oporto Business for sale in Sydney

1SELL Listing Number: 1AU086

Offers over $750,000.00

About the Business:

- Great opportunity to acquire Oporto Business with dedicated carpark.

- Currently operated fully under management

- Monthly revenue over $214,255 approx.

- Total rent is approx. $25,250/month Plus outgoings.

- Hours of Operation: Sunday - Tuesday: 10am-12am; Wednesday & Thursday: 10am-1.30am; Friday & Saturday: 10 am-4 am; potential to extend hours, this Oporto is on main road with a huge carpark.

- Over $2.6 million 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 $750,000.

- Long lease.

Revenue and expenses:

- Sales = 214,255/month or more approximately

- Land Tax = $100,000/year approximately

- Expenses = approx. $85,279/month

- Net income before tax = approx. $33,600/month under management. Over $403,000 per year before taxes approximately. (If owner operated it is over $43,000/month before taxes).

- Annual income may over $517,000 before taxes for owner operator.

Cost to acquire:

- Business: Offers over $750,000.00

- 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.

Property Code: 100

Property Details