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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JUST SOLD THE SPANISH TABLE Berkeley / Mill Valley / San Francisco Restaurant Realty sold The Spanish Table, a three location food, wine and cookware destination in Berkeley, Mill Valley and San Francisco! Keith Simpson represented both the seller and buyer. The Spanish Table was started in 1985 when husband and wife team Steve Winston and [...]
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Meet our latest RESTAURATEUR OF THE QUARTER: Quinn McKenna, co-founder and COO of Byte Kitchen Steve Zimmerman has the pleasure of knowing Quinn Mc Kenna, a well-known restaurateur, for many years - since his restaurant operating years many years ago. Quinn has an in-depth background in restaurant operations, management and startups for over 40 years. [...]
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JUST SOLD The Galley Seafood Grill & Bar Morro Bay / San Luis Obispo County Patrick Totah of Restaurant Realty Company recently sold The Galley Seafood Grill & Bar, in Morro Bay, CA. David, the seller, worked in the tech industry before owning The Galley. His work in tech brought him to Germany, where he met [...]
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JUST SOLD La Comida Mexican Restaurant Chico / Butte County Founded by Michael Pavis, La Comida opened its doors in Chico on February 15, 1968. Prior to opening La Comida, Michael Pavis was the manager of a restaurant called Senor Campos. After only a few months, Mike had purchased the restaurant and changed the name. Michael [...]
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JUST SOLD BROADWAY MARKET Sonoma / Sonoma County Broadway Market is more than a general store alongside a state highway; it is arguably the single most unifying symbol of home for many generations of Sonoman’s raised on Broadway Market sandwiches and friendly smiles. In 1947 Gust and Rose Karabochos developed a 2.5 acre site at 20511 [...]
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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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JUST SOLD PALOMINO ROOM Red Bluff Restaurant Realty recently sold the world famous Palomino Room located in the city of Red Bluff in Tehama County. New hand on Palomino Room Reins: Carlos Zapata. Carlos Zapata just bought the Palomino Room which is more than just another bar & restaurant. It's a piece of Red Bluff California [...]
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JUST SOLD LA VAL’S PIZZA Alameda Restaurant Realty Company is pleased to announce the sale of La Val’s Pizza in Alameda. The sellers, Dan and Dave, took over La Val’s in 1984 and built it into the beloved neighborhood institution it has become. The buyer, Salem, is a pizza enthusiast and is excited to own [...]
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JUST SOLD The Corporate Chef-Logix Federal Credit Union Valencia We are thrilled to have closed another deal with one of our favorite seller partnerships, The Corporate Chef. Lloyd Russell the principal owner of The Corporate Chef, employed Restaurant Realty and Teri Craft to secure a talented caterer to run the in-house food service for Logix Federal [...]
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