Rustica Italiano Restaurant in Calabasas, CA

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This listing is: Expired

Background

BizEx ID:BizEx1206-AK
General Location:Greater Calabasas, CA
Category: Restaurant
Food & Kindred Products
Years in Business:39
Under Present Owner:15
Hours of Operation:5pm-10pm 7 days
Owner Hours:2:30pm-10pm 6 days
Training:TBD weeks @ 60 hours hours
Organization Type:S-Corp
Lease Expiration:1/1/2021
Lease Options:1 five year
Building Size:1,400
Employees:9
Reason for Sale:Retirement

Financials

Asking Price:$320,000
Down Payment:Negotiable
Gross Sales:$395,515
Discretionary Cash Flow:$149,017
FF&E:$110,000
Inventory Included?No
Inventory:$4,000
Min. Operating Capital:$15,000
Real Estate Available?No
Rent:$2,699

2017 2016 2015
Gross Sales $ 395,515 $ 416,451 $ 372,594
Gross Profit $ 263,422 $ 303,523 $ 249,399
Disc. Earnings $ 149,017 $ 199,211 $ 160,483

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations