Oporto Business for sale in Sydney - 1SELL Listing Number: 1AU0140

Oporto Business for sale in Sydney - 1SELL Listing Number: 1AU0140

$1,190,000

Oporto Business for sale in Sydney

1SELL Listing Number: 1AU0140

Asking Price $1,190,000

About the Business:

   -  Great opportunity to acquire well known Oporto Business. Located in a prime location, close to Sydney CBD.

   -  Currently operated fully under management.

   -  Monthly revenue over $235,000 approx.

   -  Total rent is approx. $12,945/month Plus outgoings.

   -  Hours of Operation: 7 days: Mon- Sun- 10AM-3AM

   -  Over $2.7 million in annual sales.

   -  Full training provided by Oporto to eligible candidate for 10 weeks.

   -  Great opportunity for owner-operator or under management asking price is $1,190,000.

   -  Long lease.

Revenue and Expenses:

   -  Sales = $235,000/month or more approximately

   -  Expenses= approx. $92,357/month

   -  Net income before tax = approx. $25,009/month under management currently. Over $300,106/per year before taxes approximately.

Cost to acquire:

   -  Business: $1,190,000

   -  Training Cost: $12,000

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

   -  Rental Bond

   -  Stock At Value.

Note: All genuine records are in place. It can be supplied to serious prospective buyers after a 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: 146