Oporto Business For Sale In Sydney - 1sell Id: 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.