Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
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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