Take a close look at the code within the HTML file of the template.
I suspect you'd find that the code is calling for <link href="<?php echo $mosConfig_live_site;?>/templates/sbbigbis/css/template_css.css" rel="stylesheet" type="text/css" />
the snippet of code:
<?php echo $mosConfig_live_site;?>
is telling a web server to serve up
http://www.DomainNameofyourWebsite
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To remedy this problem, change all instances of
<img src="<?php echo $mosConfig_live_site;?>
to read
<img src="../templates/sbsimbis/image.name"
or <img src=" localhost/mambo45/templates/sbsimbis/image.name "
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hope this helps.