- Price: $99,000 + SAV
- Categories: Food/Hospitality
PLEASE READ FULLY BEFORE SUBMITTING AN ENQUIRY!
Established in 1986, Oporto Holdings Pty Ltd is an Australian fast food restaurant franchise with a Portuguese theme.
Oporto specialises in Portuguese style chicken and burgers.
Oporto It is a owned by parent investment firm PAG Asia Capital, which also owns the Red Rooster and Chicken Treat restaurant chains.
There are approximately 200 Oporto restaurants in Australia.
Oporto has carved a unique place for itself in the Australian food industry.
On offer is the Oporto North Lakes franchise. This restaurant is situated within the major Westfield North Lakes Complex.
The business is in need of a passionate owner operator, or someone who understands the fast food industry requirement, to take it to the next level.
The store is being sold significantly below equipment value
SPECIFIC FEATURES INCLUDE:
Current Lease expires July 2026. This shopping centre, like most, does not provide lease options
Size is 77m2 + a large Alfresco seating area
Rent excluding -.-.-. is $16,322 per month + 1,500 per month outgoings (including Promotions Levy)
CPI + 2.5% Annual increases
Rental bond is approx. 1 month's rent TBC
Established in December 2018
Owned by Current Owner since 2022
Fit-out- Current until July 2026
Training ($12,500 + GST - Included in the asking price)
8 - 12 weeks (8 courses per year). Online and instore Brisbane
Franchise agreement runs until July 2026 (Included in the asking price)
+ 10 year option
Franchisors Admin and Legal costs - Capped at $1,000 + GST
Annual Turnover is in excess of $1,000,000 FY2024.
(Approx. break-up - Dine in 65% /Takeaway, Delivery 35%)
Trading Hours are:
Sunday - Thursday 10.00am 10.00pm
Friday - Saturday 10am - 11 pm
SAV approximately $15,000
Staffing -1 full time + 2 part-time + 12 casuals (varies)
Staff wages - Approx $6,250 per week - including manager
Return to an Owner Operator is in the vicinity of $50,000 EBIDTA (FY2024) - could be much higher with greater control of costs
A working couple or family will realize good returns for their efforts
Price is $99,000 and includes training and balance of current term franchise agreement.
For more information, please contact:
Reg Butler
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