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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Business Some U.S. Small Businesses Selling for 6% Premium in Pandemic By Michael Sasso and Olga Kharif July 23, 2020, 4:00 AM PDT Updated on July 23, 2020, 10:41 AM PDT Median sale prices rose 6% on BizBuySell as transactions fell A butcher shop ups its price even as gym owners go begging The wildest quarter in [...]
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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 [...]
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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 [...]
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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 [...]
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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 [...]
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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!
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