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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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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RRC 3484 FOR SALE│Popular SF Mission District Bar San Francisco County Offered at $599,900 $1 Million+ Sales | Nearly $500K Net Profit | Well-established | Busy corridor SEE PICTURES! VIEW LISTING
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JUST SOLD THE COUNTER Pasadena Restaurant Realty recently sold The Counter located in downtown Pasadena in Los Angeles. Over 11 years ago, franchisees, Craig Cappai and Jason Doherty, found a fantastic location on Shoppers Lane in Pasadena to become the home of their first restaurant and franchise, The Counter Custom Burgers. In 2008, after completely renovating [...]
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TAHINI RESTAURANT Mission District, San Francisco Restaurant Realty recently sold Tahini Restaurant located in the Mission District In San Francisco. Monti, Tahini’s owner and operator, served some of the best falafel in San Francisco (yes, we know this is a contentious statement!), bringing fresh, delicious ingredients to his Middle Eastern culinary offerings. The new owners, [...]
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In May 2018 Keith Simpson of Restaurant Realty received a call from Sweetie PiesRestaurant in Placerville from the owner’s daughter, Darcie. Darcie is a residential real estate agent and was referred to Keith from a past client. Her mother, Patty Clark, had owned the business and real estate with husband, Ron, since 1992. Patty took care of [...]
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The Pan is a Gardena based restaurant that was founded in March 2012. The idea for a restaurant specializing in comfort food, made from scratch, came from owners and founders Mercedes Raffulls and Jasmine Lymon. Mercedes was working as a general manager for the Lighting division of General Electric, as well as, an Environmental Health [...]
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The basic requirements for a good restaurant, bar or club business purchase are detailed below and include the following: 1) a long term lease with a strong tenant landlord relationship, 2) purchasing the business at a reasonable price and not overpaying for the business, 3) choosing a strong location, and 4) locating in a market [...]
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STATELINE BREWERY Lake Tahoe The Stateline Brewery on Lake Tahoe had been in the same ownership for 14 years. With a brand new build out back in 2004 – 2005, Stateline completed its major redevelopment at the Stateline area in the city of South Lake Tahoe. After a $1 million restaurant build out this 8000 [...]
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Restaurant Realty Company just completed the sale of the restaurant formerly known as Yuzuki, on the corner of 18thand Guererro in San Francisco. The new owner of the location is Aaron London, chef and owner of the nearby AL’s Place, who plans to institute a casual deli in the space. AL’s Place is still bumping four [...]
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