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Oporto Business for sale in Sydney

This business is already sold

Key Sale Highlights

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.

Proudly listed by Gaurav Sharma

Industry

Cafes and Restaurants

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