Oporto Restaurant for sale in Sydney 1SELL Listing Number: 1AU0106
Offers over $750,000
About the Business: –
Great opportunity to acquire Oporto Franchise Business in a peak location close to Sydney CBD
Premium car park facilities
Currently operated fully under management
Monthly revenue over $145,474 approx.
Total rent is approx. $148,526/month plus outgoings.
Hours of Operation: 7 days: 10 AM-10 PM; potential to extend hours as this Oporto is in a main location which attracts heavy traffic.
Over $1.7 million in annual sales – Full training provided by Oporto to eligible candidates for 8 weeks. –
Great opportunity for owner-operator or under management asking price offers over $750,000
Long lease. Revenue and expenses:
Sales = $145,500/month or more approximately
Expenses = approx. $69,500/month
Net income before tax = approx. $23,694/month under management.
Over $284,323 per year before taxes approximately. (If owner-operated, it is over $35,000/month before taxes). –
Annual income may be over $420,000 before taxes for owner-operator.
Cost to acquire: – Business: Offers over $750,000.00 –
Training cost: $12,000
License, transfer fees and other associated fees: $20,000 approx.
Refurbishment cost of $180,000 within 6 months ($52,000 already spent by Oporto on signage).
Note: All genuine Oporto 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.