2022 was a record year for Restaurant Realty Company (RRC) with 89 deals completed including 10 real estate deals in 55 California cities. Although the market was still in a post Covid state, business for most of our clients improved from 2020 and 2021. In 2022 there were still many extraordinary challenges some of which [...]
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Restaurant Realty’s marketing program continues to be at the forefront of representing our clients in the sale or leasing of restaurant, bar and nightclub businesses, many including the sale of real estate as well. There are several key performance indicators (KPIs) that have influenced our strong position. Our 3rd Quarter buyer registrations for those expressing [...]
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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 MARCHE AUX FLEURS Marin County Marche Aux Fleurs recently Sold on October 5, 2022. It is located at 23 Ross Commons in the city of Ross in Marin County. Steve Zimmerman, the Principal Broker and Owner of RRC represented Dan and Holly Baker, the sellers and the buyers are Marche Restaurant LLC and the [...]
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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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Meet our latest RESTAURATEUR OF THE QUARTER: Chai Siriyarn of San Francisco Marnee Thai Restaurants Restaurant Realty recently completed a Real Estate transaction (Restaurant & Residential Unit + Building) at 885-887 4th Street in San Rafael (last week's featured done deal!). Congrats Chai! When Chai Siriyarn opened his celebrated Marnee Thai restaurant in San Francisco [...]
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JUST SOLD Restaurant and Residential Unit +REAL ESTATE 885-887 4th Street, San Rafael Steve Zimmerman recently sold the building at 855-857 4th Street in downtown San Rafael. The building consists of two stories with a restaurant on the ground floor and a totally remodeled four-bedroom three bath unit upstairs. The restaurant has been largely remodeled and [...]
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Missed Ep#10 with Louise Franz, founder of PIZZALINA? Watch now on Facebook or see it On Demand Here! Join the 25,000+ viewers | See all previous episodes www.RestaurantDealmaker.com JOIN restaurant industry veteran Steve Zimmerman in EP #11 of 🎙 The Restaurant Dealmaker Show 🎙 featuring Terces & Matthew Engelhart co-founders of plant-based restaurants Café Gratitude & [...]
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Meet our latest RESTAURATEUR OF THE QUARTER: Kevin Dagnino of Ayawaska Restaurants Kevin’s successful history has been a result of his commitment to his philosophy which is follow your dreams, be positive and keep pushing. Everything he has accomplished has been a result of practicing his philosophy throughout his life. Kevin was born in Peru [...]
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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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