Oporto for sale in Sydney Asking price $449,000 + SAV
Great opportunity to acquire Oporto in eastern suburb of Sydney.
Currently under management.
Monthly over $103,000 revenue, that too without breakfast and under management.
Total rent is $13,060+GST/month +GST.
Open 7 days a week from 10AM till 10.15PM, potential to extend hours, this Oporto is on main road.
Over $1.2million annual sales.
Full training provided by Oporto to eligible candidates and easy transition. Great opportunity for owner operator or under management asking price is $449,000 plus SAV.
Revenue and expenses Sales = 103,000/month 65%GP= $66,950.00
Total Gross Profit= $66,950
Expenses =$54,156 =Net income before tax= $12,794/Month under management. (If owner operated it is over $22,000/month).
Annual income may over $264,000 for owner operator.
Cost to acquire:
Business: $449,000
Training cost: $12,000 License or transfer fees at actual. Stock at valuation: + /- 15%
3months rent in advance: $43,098.00
Any other associated fees.
Note: All genuine Oporto records are in place. Can be supplied to serious party after site visit and interview.
Potential: Increase operating hours. Start breakfast. Huge demand for breakfast. Working owner may increase the sale.
The Purchaser to make his/her own investigations and inquiries in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf.
