1Sell

Oporto Business Sydney – 1SELL Listing Number: 1AU000034

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Key Sale Highlights

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.

Proudly listed by Gilraj Venkatappa

Industry

Cafes and Restaurants

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