Famous Oporto Business for sale in Sydney - 1SELL Listing Number: 1AU0131

Sydney NSW
Asking Price $699,999
About
Famous Oporto Business for sale in Sydney

1SELL Listing Number: 1AU0131

Offers over $699,999

About the Business:

   -  Exceptional opportunity to acquire an Oporto business in the Western Suburbs of Sydney.

   -  Just a few kilometres from Sydney Central.

   -  Currently fully operated under management.

   -  Monthly revenue exceeds approximately $149,650.

   -  Total rent is approximately $19,200 per month + GST.

   -  Operating hours: 7 days, 9 am to 11.45 pm.

   -  Annual sales around $2 million.

   -  Full training provided by Oporto for eligible candidates over an 8-week period.

   -  A great opportunity for an owner-operator or under management, with an asking price starting at $699,999

   -  Long lease in place.

Revenue and expenses:

   -  Sales: Approximately $149,650 per month or more.

   -  Expenses: Approximately $78,900 per month.

   -  Annual income may exceed $338,000 before taxes for an owner-operator, equating to over $28,100 per month before taxes.

   -  Currently, net income before tax is approximately $19,300 per month under management, totalling over $232,500 per year before taxes.

Cost to acquire:

   -  Business: Offers over $699,999

   -  Training cost: $12,000

   -  License, transfer fees and other associated fees: $20,000 approx.

Note: All genuine Oporto records are in place. It can be supplied to serious prospective buyers after site visit and personal interview.

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.

Property Code: 141
        
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