Oporto for sale in Sydney – 1SELL Listing Number: 1AU055
Asking price $449,000 + SAV
About the Business:
Great opportunity to acquire Oporto in eastern suburb of Sydney
Currently under management
Monthly over $103,000 approx. revenue, that too without breakfast and under management
Total rent is approx. $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%
Total Gross Profit=approx. $66,950
Expenses =approx. $54,156
Net income before tax=approx.$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.
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.
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.
