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Greg is a true hospitality professional. After graduating from Cornell University Hotel School in 1995 Greg worked for Myriad Restaurant Group owned by Drew Nietroent, a well known restaurateur, and actor Robert Di Niro and worked at New York City’s famous Tribeca Grill and Nobu New York as a waiter, bartender, food expediter, manger and […]
The sales process is a delicate balance between the needs and requests of the buyer and seller. Added to that is the collaboration and cooperation related to financing and escrow; and the guidance, work, and expertise of the restaurant broker. Please find below the steps in detail: The first step is the buyer makes an […]
SliderBar is a modern casual restaurant concept developed Ashwani Dhawan, a 30 year veteran Silicon Valley Entrepreneur with significant technology and restaurant insight and experience. Ashwani has been involved in leadership roles with four different software startups and two different restaurant concepts. Ashwani has worked in engineering development and management roles with GE and IBM, […]
This is the second series on the buyer’s due diligence process that is essential for a buyer to follow in determining the viability of purchasing a restaurant, bar and/or club. In addition to the items spelled out in the last article the following items need to be reviewed by the buyer during the due diligence […]
Heidi Gibson and Nate Pollak have translated their talent for winning food competitions to winning the hearts of San Francisco with their business The American Grilled Cheese Kitchen (theamericansf.com). Operating 7 days a week the team and their staff bring the art of grilled cheese to the highest culinary level with combinations including the mousetrap-combining […]
This is the last of a three part series where I discuss a continuation of lease terms from the prior issue. This issue will include some of the major elements of the lease which include as follows: 1. The Guarantor, 2. Use Clause, 3. Assignment and Subletting and 4. Options. The Guarantor . What is […]
Nate Valentine has Unstoppable Talent. Nate Valentine is a lifelong resident of the Bay Area and an integral part of San Francisco’s thriving social scene. After a wildly successful and educational 5-year stint as one of the youngest Directors in the history of Charles Schwab, he had a moment of truth when he realized that […]
In the first part article on this topic I discussed how to raise money through raising your own money, seller financing, third party financing including SBA loans, small minority and woman-owned business loans and bank loans. In this article I will discuss the various ways investors can be helpful in investing into your business and […]
Bruce opened Aram’s Café in Historic Downtown Petaluma in January of 1989. The menu concept came from Bruce’s Armenian background and the experience gained from working in the hospitality field. Born in San Francisco, Bruce began working as a delivery boy, dishwasher and bus boy in Marin County restaurants before graduating from the City College […]
You must understand the financial aspects of the business. You must be able to understand how to read and analyze financial statements such as the monthly profit and loss statement, daily sales report and monthly bank statement. It is also helpful to understand how to read a balance sheet but this is not as important […]