Business for Sale

Rustica Italiano

BizEx1206-AK

Background

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:$345,000
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

Description

Mangia is Italian for eat.

39 years of success have made this rustic, quaint Italian restaurant a go to dining spot.

If it looks good; smells good and tastes good it must be Rustica Italiano.

Owner/chef wants to retire after 14 years of offering delicious Italian food to customers from both sides of the hill.

Two cooks presently on staff can carry on the great food and tradition of this lovely Italian restaurant.

Customers rave (Yelp) about the staff and food.

You will be proud to own this restaurant that boasts loyal customers and consistently good food.

Best pizza in Los Angeles (my opinion).

Interested parties please register as a buyer at www.bizex.net then contact Arthur Kessler 310 882-2200 x126 or akessler@bizex.net

 

 


Download Setup Sheet



Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

Return to Listings





Arthur B. Kessler
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rel, CA 90292
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004