BLOOMBERG: US Business Owners Seeking to Cash Out Face 10% Drop in Prices
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 […]
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 – […]
2022 Record Year – 89 Deals in 55 Cities!
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 […]