1Sell

Oporto for sale in Major city of Regional Western NSW

This business is already sold

Key Sale Highlights

Oporto for sale in major city of regional western NSW – 1SELL Listing Number: 1AU069

Asking price $890,000

About the Business:

Great opportunity to acquire Oporto with Drive-through in major regional city of western NSW.
Currently operation fully under management
Monthly over $145,000 approx. revenue, without breakfast.
Total rent is approx. $10,000+GST/month.
Open 7 days a week from 9AM till 10PM, potential to extend hours, this Oporto is on main road with Drive-through.
Over $1.7million annual sales
Full training provided by Oporto to eligible candidates and easy transition.
Great opportunity for owner operator or under management asking price is just $990,000 plus SAV
Revenue and expenses:

Sales = 145,000/month or more approximately
Total Gross Profit 65% = approx. $80,900.00
Expenses = approx. $55,150.00.
Net income before tax = approx. $25,600/Month under management. (If owner operated it is over $35,000/month before taxes).
Annual income may over $470,000 before taxes for owner operator.

Cost to acquire:

Business: $890,000
Training cost: $12,000 License or transfer fees at actual
Other associated fees approximately $20,000.00
Note: All genuine Oporto records are in place. 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 Gilraj Venkatappa

Industry

Takeaway Food Services

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