In The News Archives – Restaurant Realty Company

Predictions Regarding the State of the Restaurant & Bar Industry in California Post Covid-19

By Restaurant Realty in 2020 - Volume 22 with 0 Comments

This article was written in the second half of April 2020 and California is still in a Shelter in Place status, which has been in effect since March 19, 2020. Since this date, only restaurants doing take-out and delivery are allowed to operate. All other restaurants and bars have been ordered to close. The [...]

RECORD YEAR: Closed 84 Deals in 2019

By Restaurant Realty in 2020 - Volume 22 with 0 Comments

As a result of our state-of-the-art marketing system and expanded team, Restaurant Realty has closed more deals in 2019 than any prior year in our 23-year history. This past year we have closed deals in the following 47 cities: 16 Southern California Cities: Laguna Niguel, Los Angeles (7 deals), Pasadena (2), Long Beach (2), Santa [...]

Food and Beverage Businesses that have SOLD in 2019

By Restaurant Realty in In The News with 0 Comments

Food and Beverage Businesses that have SOLD in 2019 The landscape for selling restaurants, bars and clubs continues to become more challenging in California due to the high costs of doing business in the state. Spiraling minimum wage and other payroll costs, the continued rise of occupancy costs and other operating costs including utilities, insurance, food [...]

INC MAGAZINE. Common Financial Mistakes Business Owners Make Before a Sale — and How to Fix Them

By Steven Zimmerman, CBI, M&AMI, CBB, FIBBA in In The News with 0 Comments

Issues with financials can quickly become a roadblock to a successful sale By Bob House President, BizBuySell @bizbuysell Thank you Bob House and BizBuySell for including us in your latest Inc. article! Original published here: https://www.inc.com/bob-house/common-financial-mistakes-business-owners-make-before-a-sale-how-to-fix-them.html They say there is no better time than the present -- and for small business owners looking to exit, now is [...]

IBBA 2018 Annual Conference Workshop

By Steven Zimmerman, CBI, M&AMI, CBB, FIBBA in Articles with 0 Comments

Steve Zimmerman of Restaurant Realty Company recently presented at the International Association of Business Brokers (IBBA) Annual Conference in New Orleans this past May 2018. Learn more about Restaurant Realty’s approach, innovative techniques and profit/resulted oriented platform! Click here to see the Slideshare Presentation or use the embedded presentation below!

FORBES: Inside The Deal To Buy San Francisco Landmark Fishermen’s Grotto And Preserve Its Legacy

By Steven Zimmerman, CBI, M&AMI, CBB, FIBBA in In The News with 0 Comments

GUEST POST WRITTEN BY Bob House Bob House is president of BizBuySell.com Published: Friday August 18, 2017 ORIGINAL LINK: https://www.forbes.com/sites/groupthink/2017/08/18/how-a-new-owner-of-san-francisco-landmark-fishermens-grotto-is-preserving-a-legacy/#28007cb8392d Building a business from scratch is tough, but taking over a popular institution can be even tougher. For Chris Henry, purchasing one of the oldest-run, family restaurants in San Francisco posed both a challenge and an […]

Why Are So Many Quick-Service Restaurants Being Sold?

By Steven Zimmerman, CBI, M&AMI, CBB, FIBBA in 2017 - Volume 19 with 0 Comments

Why Are So Many Quick-Service Restaurants Being Sold By Kevin Hardy featured in QSR Magazine April 2017 In California, skyrocketing real estate costs and rising labor rates have put a pinch on restaurateurs looking to sell, says broker Steve Zimmerman, president, CEO, and principal broker of Restaurant Realty Company. “In high rent areas, either in northern or […]

Restaurant Realty Sells World-Renowned Fishermen’s Grotto #9, San Francisco’s Oldest Family-Run Restaurant at Fisherman’s Wharf

By Steven Zimmerman, CBI, M&AMI, CBB, FIBBA in 2016 - Volume 18 with 0 Comments

New owners will preserve restaurant signage for locals/tourists San Francisco, CA (RestaurantNews.com) Restaurant Realty has completed the sale of the world renowned Fishermen’s Grotto #9 – one of the oldest family-run restaurants at San Francisco’s Fishermen’s Wharf – located at 2847 Taylor Street. Four generations of the Geraldi family have been serving Italian-style seafood at […]

What to Look For Before Signing a Restaurant Lease

By Steven Zimmerman, CBI, M&AMI, CBB, FIBBA in 2016 - Volume 18 with 0 Comments

What to Look For Before Signing a Restaurant Lease By Tessa Love Apr 18, 2016 When scouting real estate to open a new restaurant, there’s a lot more to think about than the price of rent. Hidden costs and bad deals abound. At the recent Golden Gate Restaurant Association conference, Zach Georgopoulos, attorney at Georgopoulos & Economidis, restauranteur […]

Making An Exit

By Steven Zimmerman, CBI, M&AMI, CBB, FIBBA in In The News with 0 Comments

Making An Exit By Jessie Szalay featured in QSR Magazine March 2016 “You want to do everything in your power to get that business running as well as as profitably as possible to make it attractive to a buyer,” says Bob House, general manager of BizBuySell, an online marketplace for business buyers, sellers, and brokers. […]