Oporto Business For Sale In Sydney - 1sell Listing Number: 1au0140

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

$999,000

Oporto Business for sale in Sydney

1SELL Listing Number: 1AU0140.

Asking Price $999,000

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 $999,000.

- 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: $999,000

- 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