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Listing Id: 38286 Last Refreshed: 02/08/2025 Total Views: 11 Broker Ref: 24428

Oporto Fortitude Valley, Long Lease until 2047, $44,000+ per week TO, Profitable to working owner/s

Brisbane, QueenslandTake Aways
Asking Price: $490,000
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Reg Butler Business Brokers Network Australia

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Overview

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Reason For Sale

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Description

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 Fortitude Valley franchise. This restaurant is situated within the thriving Fortitude Valley precinct.

SPECIFIC FEATURES INCLUDE:

Current Lease expires November 2032. There are 3 x 5 year options

Size is 144m2 + a small Alfresco seating area

Rent excluding G.S.T. is $15,494 per month + $200 per month outgoings

Rent Increases are linked to CPI. Capped at 3% PA

Rental bond is approx. 1 month's rent TBC

Long established
Owned by Current Owner since 2016

Fit-out- Current. Some new furniture will be due shortly

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

New Franchisors entry costs approx $35,000 (tbc)

Franchise agreement runs until November 2032

Annual Turnover is forecasted at $2.25m FY2025.
(Approx. break-up - Dine in 10%, Takeaway 51%, Online 39%. Approx. 75% is night trade)

Trading Hours are:
Monday - Wednesday 24 hours
Thursday 10.00am - 2.00am
Friday 10.00am - 4.30am
Saturday 11.00am - 4.30am
Sunday 11.00am Midnight

SAV approximately $14,000

Staffing -18 casuals
Staff wages - Approx $10,750 - including superannuation

Potential return to an Owner Operator is $150,000 EBIDTA (FY2024)
(Estimate for FY2025 is in the vicinity of $200,000 based on current sales)
A working couple or family will realize good returns for their efforts

For more information, please contact:

Reg Butler
0438 189 657

reg.b@businessbrokersnetwork.com.au

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