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Listing Id: 36148 Last Refreshed: 30/04/2025 1923 Views Agent Ref: 23674

Oporto Harristown (Toowoomba), Long Lease until 2044, $31,000 per week TO, Profitable!

Expired
Asking Price $550,000
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
Not Provided

Business Operations & Assets

Owner Role
N/A

Business Details

Reason For Sale

NA

Description

Established in 1986, Oporto Holdings Pty Ltd is an Australian fast food restaurant franchise with a Portuguese theme.

Oporto specializes 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 Harristown (Toowoomba) franchise.
Harristown is situated 4.3 km SE from Toowoomba (Population 120,000)

SPECIFIC FEATURES INCLUDE:

Current Lease expires July 2034. There are 2 x 5 year options

Size is 258m2 + a small Alfresco seating area (tbc)

Rent excluding G.S.T. is $12,628 per month + $852 per month outgoings

Rent Increases are linked to CPI.

Rental bond - Nil

Established and Owned by Current Owner since 2022

Fit-out- Current

Training $12,500 + GST
8 - 12 weeks (8 courses per year). Online and instore Brisbane

New Franchisors entry costs approx $45,000 (tbc)

Franchise agreement runs until November 2033 and in line with the lease

Annual Turnover was $1,620,000 FY2024.
(Approx. break-up - Drive-Thru 44%, Dine in 10%, Takeaway 16%, Lunch 34%, Dinner trade 42%)

Trading Hours are:
Monday - Wednesday 10am - 10pm
Thursday - Saturday 10.00am - 12.00pm
Sunday - 10.00am - 9.00pm

SAV approximately $14,000

Staffing -18 casuals
Staff wages - Approx $7,800 - including superannuation
Owners Hours - 25 - 35 hours per week

Potential return to an Owner Operator is $200,000 EBIDTA (FY2024)
A working couple or family will realize good returns for their efforts

For more information, please contact:

Reg Butler / Glenn Robertson
0438 189 657 / 0408 449 747

reg.b@businessbrokersnetwork.com.au
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