Oporto Business for sale in Sydney
Sydney Region, NSW
Last asking price $700,000
Sold February 2024
Franchise
Oporto Business for sale in Sydney - 1SELL Listing Number: 1AU083
Offers over $700,000.00
About the Business:
- Great opportunity to acquire Oporto Business in Sydney.
- Just few kilometers from famous Opera house.
- Currently operated fully under management
- Monthly revenue over $131,255 approx.
- Total rent is approx. $10,000 + GST/month.
- Hours of Operation: Sunday – Thursday : 10.30AM till 11.30PM, Friday & Saturday: 10.30AM-2PM ; potential to extend hours, this Oporto is on main road with Drive-through.
- Over $1.6million annual sales.
- Full training provided by Oporto to eligible candidates for 10 weeks
- Great opportunity for owner operator or under management asking price offers over $700,000.
- Long lease.
Revenue and expenses:
- Sales = 131,255/month or more approximately
- Expenses = approx. $46,685/month
- Net income before tax = approx. $26,100/Month under management. (If owner operated it is over $37,000/month before taxes).
- Annual income may over $440,000 before taxes for owner operator.
Cost to acquire:
- Business: offers over $700,000
- Training cost: $12,000
- License, transfer fees and other associated fees approx. $20,000.00
Note: All genuine Oporto records are in place. It 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.
Property Code: 93