Asking Price: $155,000 Gross Revenue: $210,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Established Cuban and Italian restaurant with beer and wine license. Full kitchen with lots of space for cooking and prep. Large dining room with floor to ceiling windows and custom lighting. Pastry, cappuccino/espresso bar. All the dishes are family recipes from Naples, Italy: Lunch and dinner dishes including a bakery full of Italian deserts, including Cuban dishes from the shores of Cuba. Great opportunity to take over an existing loyal customer base and add your own touch. Custom events in the wine country and other catering business that add to the bottom line. Beer and Wine license and live entertainment licence included. They started the live music on Friday and Saturday nights and have had much success with the weekend late crowed. Because of family developments the owners need to cut back on hours and sale the business to focus on family matters. Location is excellent situated just off the freeway on a busy street with two other anchor restaurants and a large parking area. In addition this is less than 1/2 mile from Old Town Temecula a hot spot for dining and entertainment. Just extended a very favorable lease for 2 more years. Hours open 11:00-2:00 and 5:00-8:00 closed on Sundays.
About the Business
Number of Employees:
Building Sq. Ft.:
Lease Rate/Sq. Ft./Mo.:
Full kitchen for lunch and dinner and complete bakery. Large dining hall large enough to have live music and dancing on weekend nights to take advantage of the nearby Old Town entertainment district. Huge amount of parking for easy access.
Growth & Expansion:
Excellent location with 2 large restaurants on either side and huge parking lots. New car wash across the street and just off freeway with tons of traffic. Many of Temecula high tech business are nearby and just outside of Old Town.
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