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:
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.
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.