JUST SOLD Buffalo Bill’s Brewery + Real Estate Hayward Restaurant Realty Company recently sold the legendary Buffalo Bill’s Brewery plus building in Hayward. Steve Zimmerman represented both Geoff Harries, the seller and Alejandro Gamarra, the buyer. The sale included a licensing agreement giving the buyer the right to use the Buffalo Bill’s proprietary items including the [...]
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JUST SOLD Parkers Crazy Cookies Hayward RRC recently sold Parkers Crazy Cookies in Hayward. Steve Zimmerman represented both the seller and buyers in the transaction. David Parker, the seller, came up with the idea for Parker’s Crazy Cookies while talking with his college water polo coach at UCLA about animal crackers. He thought it would be fun [...]
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JUST SOLD ALOH-O Poke & Sushi 2 locations - Mill Valley & Santa Rosa Steve Zimmerman of RRC represented both the seller and buyer in recently selling ALOH-O Poke & Sushi in Strawberry Center in Mill Valley and ALOH-O Poke & Sushi in the Santa Rosa Marketplace Shopping Center in Santa Rosa. ALOH-O was founded in [...]
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Laos Kitchen Coming Soon to San Rafael The owners of Bay Thai Cuisine are taking over a bigger space. POST BY: NADINE BLANCO JUNE 8, 2022 Original article: https://whatnowsf.com/laos-kitchen-coming-soon-to-san-rafael/ A new restaurant called Laos Kitchen will take over the former Asian Cuisine Zhu Dimsum space at 887 4th St. in downtown San Rafael. Laos Kitchen’s partners recently applied for […]
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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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What BUYERS NEED TO KNOW to buy a food and/or beverage business and what SELLERS NEED TO KNOW to sell their food and/or beverage business during these challenging times. Why are these challenging times? As many of you know these are not the most stable times in our economy. Many food and beverage operators are […]
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US Business Owners Seeking to Cash Out Face 10% Drop in Prices Median sale price of small firms dropped last year: BizBuySell Number of transactions also dipped amid high rates, inflation By Michael Sasso February 2, 2023 at 10:44 AM PST SEE ORIGINAL ARTICLE HERE: https://www.bloomberg.com/news/articles/2023-02-02/us-business-owners-seeking-to-cash-out-face-10-drop-in-prices For the many older entrepreneurs ready to retire in the [...]
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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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