Restaurant Valuation – Post-Pandemic Update By Howard Riell Original posted here: https://www.restaurantowner.com/public/Restaurant-Valuation-PostPandemic-Update.cfm You may not be interested in selling your restaurant any time in the near future. And that's fine. But life happens. You do not have complete control over the timing of significant events, including the need to sell or at least value your business. [...]
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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 […]
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JUST SOLD Waterdog Tavern, Belmont Patrick Totah of Restaurant Realty Company recently sold Waterdog Tavern, which is located in Belmont, CA. The sellers, Anne and Toby, established Waterdog in 2016, and it quickly became the go-to place to grab a drink in the area. As its name would suggest, Waterdog is dog friendly, and dogs love [...]
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JUST LEASED O Hotel & Spa Restaurants and Bars 819 S Flower Street, Los Angeles, CA 90017 In October 2021, Restaurant Realty Company received an inquiry from Mr. Michael Rahimi, the owner of the O Hotel and Spa. The hotel is on Flower Street in Downtown Los Angeles in a most desirable spot. Although business [...]
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JUST SOLD Rok Steakhouse, San Jose In 2001, Steve Wright was in Zimbabwe, Africa and ate on a hot rock for the very first time. It was then that Steve felt the experience of cooking steak on a stone was so unique and inspiring that he left Africa determined to bring this concept to America. Two [...]
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JUST SOLD Luigi's Pizza and Pasta + Building in Red Bluff, CA After 37 years, Lou and his wife Mandy have sold the highly successful Luigi's Pizza and Pasta restaurant plus their building in Red Bluff, California. Lou passed on years of goodwill to the proud new owners' Brian and Carolyn Kanabrocki of Chico, who have hit [...]
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JUST SOLD Waffle Farm, Lincoln Judy Carrero and her husband, Michael purchased a run-down Breakfast & Lunch restaurant in 2012 located in Lincoln, near Roseville CA. After remodeling the space and renaming it ‘The Waffle Farm,” they enjoyed a steady growth until Michael’s passing just 2 years later. Judy continued to grow the business with annual [...]
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JUST SOLD Shiku Sushi, La Jolla San Diego County Restaurant Realty recently sold Shiku Sushi in La Jolla. Martin Cramer, a Broker Associate of Restaurant Realty, represented both the buyers and sellers in this transaction. Hitoshi and Mandy Yuhara recently achieved their long-term goal of becoming restaurant owners with the purchase of Shiku Sushi on Prospect [...]
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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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