Meet Patrick Ottone of Lalla Grill, Lallapalooza, Lalla Oceanside Grill – Restaurateur of the Quarter
Meet our Latest RESTAURATEUR OF THE QUARTER: PATRICK OTTONE of Lalla Grill, Lallapalooza, Lalla Oceanside Grill and more The team at Restaurant Realty have had the pleasure of collaborating with Pat Ottone. Keith Simpson successfully worked with Patrick to sell FIVE (5) of his restaurants including (1) Lalla Grill – San Jose, (2) Lallapalooza – […]
Meet Brian Scalfaro of Sea Casa, Westlake Village – Restaurateur of the Quarter
Meet our latest RESTAURATEUR OF THE QUARTER: Brian Scalfaro recently purchased Sea Casa Restaurant in Westlake Village in October 2022. Brian bought a restaurant that has been successful for over 25 years. He recognized that he had a stable staff with some employees having longevity ranging from 17 to 32 years and a […]
Restaurant Realty’s Innovative Marketing Program Yields Strong Results
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 […]
Restaurant Realty featured in BizBuySell Q3 2022 Insight Report
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 […]
Meet Quinn McKenna of Byte Kitchen – Restaurateur of the Quarter
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 […]
Who are today’s buyers and sellers in 2022
Profiles of Current Buyers and Sellers in Transactions Resulting in the Sale and/or Lease of a Restaurant, Bar, Other Food Service Business and/or Related Commercial Building completed in 2022 We thought it is important to review the profiles of some of the 2022 buyers and sellers we have completed transactions with to better understand the […]
Meet Chai Siriyarn of San Francisco Marnee Thai Restaurants – Restaurateur of the Quarter
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! [/vc_row][vc_row][vc_column_text]When Chai Siriyarn opened his celebrated Marnee Thai restaurant in […]
How is a Restaurant/Bar Business Valued During this Post Covid Period
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 […]