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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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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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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JUST SOLD THE ROYAL LOUNGE West Covina Restaurant Realty recently sold The Royal Lounge located in West Covina in Los Angeles County. Veteran Agent Abe Skaletzky first met the owner of the Royal Lounge about a year and a half ago. After reviewing the financial statements and the existing lease, Abe quickly realized that the business was [...]
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JUST SOLD KOUNTRY FOLKS HOMESTYLE RESTAURANT Riverside, CA Kountry Folks has been serving the Riverside area for over 30 years with its down home cooking and friendly service. Sales year-over-year have steadily increased to over $2.2 million in 2018. While serving as its long time general manager in 1998, Erin House had the opportunity to purchase the restaurant [...]
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