Restaurant business for sale in Sydney
- Restaurant
- Sydney NSW 2000
- $699,999 (GST na)
Famous Oporto Business for sale in Sydney - 1SELL Listing Number: 1AU0131
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
Business Highlights
Business ID | 2018935295 |
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Floor Area | Ask Business Broker |
Category | |
Last updated | 23 May 2024 |
Business Highlights
Business ID | 2018935295 |
---|---|
Floor Area | Ask Business Broker |
Category | |
Last updated | 23 May 2024 |