Rustica Italiano
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This listing is: Expired
Background
| BizEx ID: | BizEx1206-AK |
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| General Location: | Greater Calabasas, CA |
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| Category: |
Restaurant
Food & Kindred Products
|
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| Years in Business: | 39 |
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| Under Present Owner: | 15 |
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| Hours of Operation: | 5pm-10pm 7 days |
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| Owner Hours: | 2:30pm-10pm 6 days |
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| Training: | TBD weeks @ 60 hours hours |
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| Organization Type: | S-Corp |
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| Lease Expiration: | 1/1/2021 |
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| Lease Options: | 1 five year |
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| Building Size: | 1,400 |
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| Employees: | 9 |
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| Reason for Sale: | Retirement |
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Financials
| Asking Price: | $320,000 |
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| Down Payment: | Negotiable |
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| Gross Sales: | $395,515 |
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| Discretionary Cash Flow: | $149,017 |
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| FF&E: | $110,000 |
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| Inventory Included? | No |
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| Inventory: | $4,000 |
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| Min. Operating Capital: | $15,000 |
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| Real Estate Available? | No |
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| Rent: | $2,699 |
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|
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 |
