California’s Restaurant Industry Performance in 2023 and the Outlook for 2024 The California restaurant industry as always is continuing to be challenging. There are many restaurants facing challenges and have not been able to fully rebound since Covid. Additionally, many restaurants whose life line was PPP money have used up their funds and are finding [...]
Read More
In the next several episodes of The Restaurant Dealmaker Show, Steve will be discussing the 10 essential principles a buyer needs to know in purchasing a food and/or beverage business as discussed briefly below. Please REGISTER HERE for our upcoming Restaurant Dealmaker show to hear an in-depth review of the items indicated below. Thu August 24th […]
Read More
What BUYERS NEED TO KNOW to buy a food and/or beverage business and what SELLERS NEED TO KNOW to sell their food and/or beverage business during these challenging times. Why are these challenging times? As many of you know these are not the most stable times in our economy. Many food and beverage operators are […]
Read More
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 [...]
Read More
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 [...]
Read More
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 [...]
Read More
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 […]
Read More
Missed one of our 17 Episodes? Join the 75,000+ viewers! See all previous episodes here on www.RestaurantDealmaker.com Join restaurant industry veteran Steve Zimmerman, Principal Broker and Founder of Restaurant Realty in a 1-on-1 fireside chat with restaurant owners, managers,investors and high profile industry clientele sharing their restaurant deal making experiences, success stories, challenges, and more. Join us for EP#18 [...]
Read More
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. [...]
Read More
Overview.The restaurant business has picked up recently as a result of the cautious optimism felt throughout the country regarding the vaccine being implemented and the country opening up. California is officially targeted to open June 15 short of any pandemic setbacks. This potentially means that there will be more lenient restrictions regarding the percentage of [...]
Read More
