The nearby RNA showgrounds will shortly undergo major changes for the 2032 Brisbane Olympics as a key Olympic venue. Oporto Fortitude Valley should benefit from the re-development of the site.
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 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 a large 144m2 + a prominent footpath Alfresco seating area
Rent excluding G.S.T. is $15,494 per month + $200 per month outgoings (at time of posting)
Rent Increases are linked to CPI. Capped at 3% PA
Rental bond is nil
Long established Owned by Current Owner since 2016
Fit-out- Current. Some new furniture will be due shortly tbc
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 $1.95m FY2025. (Approx. break-up - Dine in 10%, Takeaway 51%, Online 39%. Approx. 75% is night trade)
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