Restaurant Realty Company

California's Largest Restaurant Business Brokerage - Specializing in Sales, Acquisitions and Leasing of Restaurants, Bars and Nightclubs
 
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Mailing Address:
21 Tamal Vista Blvd.
Suite #201
Corte Madera, CA 94925
Phone: 415-945-9701
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Fourth Quarter 2002
Volume 4, Issue 4

Steve Zimmerman Of Restaurant Realty Speaks To Restaurant Management & Culinary Students At Cornell University , City College San Francisco & The California Culinary Academy

In recent months I have had the opportunity of speaking to management and culinary students at the schools mentioned above and I will continue speaking regularly for the remainder of this year at the California Culinary Academy.

My purpose in speaking with these students is to share my 20+ years of restaurant experience and 7+ years of restaurant brokerage experience and to encourage them to pursue the restaurant industry as a career, as there is a shortage of college trained restaurant management students and professionally trained chefs. Additionally many of these students have indicated that they wish to buy their own restaurant in the near future.

At Cornell I spoke about the advantages and disadvantages of buying an existing restaurant versus developing a restaurant from scratch which I discussed in a recent Restaurant Rap article.

At City College of San Francisco and the California Culinary Academy my topic is A Checklist for Buying A Restaurant. The first part of my presentation includes - What You Need Before You Make An Offer which discusses the following topics:

a. Preparing a Business Plan,

b. Raising Your Money,

c. Having Your Key Personnel Lined Up and

d. Preparing a Personal Financial Statement and Resume.

The second part of my presentation includes The Buying Process. In this section we cover the following topics:

a. Qualifying the Buyer,

b. Offer, Counter Offer and Acceptance Stages,

c. Contingency Removal Stage,

d. Bulk Sale Transfer Process,

e. Obtaining Permits and Licenses,

f. Inspections by City and County Agencies and

g. Close of Escrow Process.

I emphasize the need for them to be properly capitalized, have well trained personnel, negotiate a favorable premises lease, present good price value to the customer and have consistently good food and service in a well maintained and clean environment.

The students of today are the buyers and sellers of tomorrow.


Restaurateurs of the Quarter - Roxanne And Michael Klein Of Roxanne’s - One Of The Most Innovative New Restaurants In The Bay Area

Restaurant Realty had the opportunity of selling the original Java Cafe in Larkspur to Michael and Roxanne Klein who converted the restaurant to Roxannne’s, a 65 seat fine dining restaurant. Chef/Owner Roxanne Klein has created quite a stir in culinary circles nationwide by introducing a new fine dining cuisine based on raw, organic vegetarian ingredients. The restaurant’s “living food” cuisine has earned rave reviews from both diners and food critics. Gourmet Magazine has stated, “Roxanne’s is simply the most innovative restaurant of our time.” Famed Bay Area critic Michael Bauer has said Roxanne’s offers “truly four-star dining, with a world class wine list and elegant decor.

A graduate of the California Culinary Academy , Roxanne Klein has worked at internationally recognized restaurants in the U.S. and France. Her creativity with living foods cuisine and her broad knowledge of organic ingredients has earned her respect from a variety of culinary authorities. She is currently working with renowned chef Charlie Trotter on a living foods cookbook due out from Ten Speed Press early next year. Her second book, also to be published by Ten Speed press is due out early the following year. Of his collaboration with Roxanne, Trotter has said, “Roxanne’s cuisine is amazing! Working with her and eating her dishes has opened my eyes to a new way to prepare food. Her dishes explode with many dimensions of flavors and textures. Roxanne’s culinary vision is extraordinary, and it has inspired me on many levels.”

Co-owner Michael Klein heads up the business end of the operations. A former technology entrepreneur with a Harvard M.B.A., Michael is also an environmental and social activist who adheres to a clear set of ecological principles in construction of the restaurant, including use of sustainable building materials and a photovoltaic solar system on the roof to help power the facility.

Congratulations and best wishes for continued success to the Kleins for their outstanding new concept.



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