2022 was a record year for Restaurant Realty Company (RRC) with 89 deals completed including 10 real estate deals in 55 California cities. Although the market was still in a post Covid state, business for most of our clients improved from 2020 and 2021. In 2022 there were still many extraordinary challenges some of which [...]
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Restaurant Realty’s marketing program continues to be at the forefront of representing our clients in the sale or leasing of restaurant, bar and nightclub businesses, many including the sale of real estate as well. There are several key performance indicators (KPIs) that have influenced our strong position. Our 3rd Quarter buyer registrations for those expressing [...]
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BizBuySell Insight Report Small Business Acquisition Prices Drop in Q3, Seller Confidence Dims as Inflation Compresses Margins Sale prices declined for second consecutive quarter, down 14% year-over-year Transactions soften as demand shifts to lower priced businesses, restaurant deals picking up Businesses report weaker financial performance as inflation cuts into profitability After five consecutive quarters of [...]
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Profiles of Current Buyers and Sellers in Transactions Resulting in the Sale and/or Lease of a Restaurant, Bar, Other Food Service Business and/or Related Commercial Building completed in 2022 We thought it is important to review the profiles of some of the 2022 buyers and sellers we have completed transactions with to better understand the [...]
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How is a Restaurant, Bar, Club or Other Food Service Business Valued During this Post Covid Period and How Have Business Values Been Impacted by Covid? Businesses have been impacted to varying degrees based on how well they pivoted during this challenging period. Those businesses that shifted to take out and delivery and outdoor seating performed […]
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Missed Ep#10 with Louise Franz, founder of PIZZALINA? Watch now on Facebook or see it On Demand Here! Join the 25,000+ viewers | See all previous episodes www.RestaurantDealmaker.com JOIN restaurant industry veteran Steve Zimmerman in EP #11 of 🎙 The Restaurant Dealmaker Show 🎙 featuring Terces & Matthew Engelhart co-founders of plant-based restaurants Café Gratitude & [...]
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Broadway Market has been a Sonoma staple since 1947. KATHLEEN HILL INDEX-TRIBUNE FOOD AND WINE EDITOR September 9, 2021, 5:45PM Read original here: https://www.sonomanews.com/article/lifestyle/broadway-market-sale-is-finalized/ Broadway Market, the City of Sonoma’s last locally owned grocery store, has sold to an out of town group called Sonoma Local Investors LLC. The extended family owns multiple gas stations, [...]
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How has Restaurant Realty been so successful in completing over 150 transactions during such a challenging period for the industry? There are many reasons which include as follows: 1) Most of our agents and brokers are former restaurant owners and/or managers and understand how to relate to our seller clients having been in their role. [...]
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BizBuySell Insight Report Small Business Acquisitions Edge Higher as Labor Shortages and Rising Costs Slow Recovery Restaurants & retail headline growth as buyers seek reopening opportunities Labor shortage and supply disruptions eat into cash flow and revenue Unhappy employees seek refuge and independence in small business ownership Baby Boomers expected to use economic re-opening as [...]
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Restaurant Realty Sold/Leased 73 Deals in 2020 2020 needless to say was a challenging year for the restaurant industry due to the pandemic. Irrespective of the restaurant Industries poor performance this year we had a strong year with 73 closed deals (see at the bottom of this article a list of the individual deals completed) [...]
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