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Restaurant business for sale in Potts Point

  • Restaurant
  • Potts Point NSW 2011
  • $1,400,000 SAV

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

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

$1,400,000

Oporto Business for sale in Sydney

1SELL Listing Number: 1AU0140.

Asking Price $1,400,000

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 $1,400,000.

- 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: $1,400,000

- 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

1SELL
1SELL
Suite 9, Level 1/2 Horwood Pl
Parramatta, NSW 2150

Business Highlights

Business ID2018969257
Floor AreaAsk Business Broker
Category
Last updated  19 Sep 2024
Map for Potts Point NSW 2011
Map for Potts Point NSW 2011Potts Point NSW 2011
Inspections
Documents
1SELL
1SELL
Suite 9, Level 1/2 Horwood Pl
Parramatta, NSW 2150

Business Highlights

Business ID2018969257
Floor AreaAsk Business Broker
Category
Last updated  19 Sep 2024

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