Restaurant Realty Begins Its Third Decade In Business
From a small one room office in Kentfield in 1996 to a multi-unit multi staff office today Restaurant Realty Company has become the largest Restaurant Brokerage in California selling more restaurants, bars and clubs in the past two decades than any other brokerage. Some of the highlights of Restaurant Realty’s past 20 years include the items indicated […]
Restaurant Realty’s Use of Targeted Email Blasts Results in More Closed Deals
For several months we have been using our extensive data base of over 40,000 buyers and lessees to close more deals. We compile from our data base a custom list of perspective buyers who are existing restaurant, bar and/or club operators based on their acquisition criteria and we then email them the information regarding the specific deal in a […]
The Pho Restaurant Group by the Tran Family – Restaurateurs of the Quarter
Twenty five years ago Ham Tran opened a restaurant called Pho Pastuer Restaurant in Union City. Since starting this first restaurant several family members have joined the team in opening several other restaurants throughout the South Bay. Members of their family team in addition to Ham Tran include Donus Tran, Linh Tran, Chris Pham, Chi Pham, Phong Tran […]
Independent Operators Face Added Challenges In 2016
Increased labor, food, beverage and other supply costs as well as increased occupancy and utility expenses are forcing owners to be more creative in how they operate their businesses. These items coupled with competition from the chains and franchises purchasing power who minimize menu price increases and increase advertising to expand their customer base has further challenged the independent […]
Aaron London of AL’s Place – America’s #1 Best New Restaurant for 2015
When I met Aaron about a year ago he struck me as being as extremely focused guy that was very detailed oriented. It was a challenge to get the landlord to go with him as he previously never owned his own restaurant and his financial situation was somewhat challenging. Nonetheless we made the deal which closed escrow the […]
RestaurantRealty.com Enhanced Experience
In order to improve user experience for mobile device users, including those accessing our site on tablets, and make the overall web experience more friendly, Restaurant Realty recently relaunched our website on a new platform. This enhanced experience is most notable on all iPhones, iPads, Android, and Window phones and tablets. For those who frequent […]
Client Ranked #1 on Bon Appetit’s America’s Best New Restaurants
In December 2014 Restaurant Realty completed the sale of South End Grill on 1499 Valencia Street in the Mission District of San Francisco. In the short 8 months since taking over the space, Chef Aaron London has not only put a stamp on San Francisco, but the national culinary world. Bon Appetit’s prestigious top 10 new […]
Susie Katzman and Chris Henry – Tommy’s Joynt
Tommy’s Joynt has been a San Francisco tradition since 1947 and has been owned by the same family since then. Tommy’s was founded in 1947 by Tommy Harris, who as a popular young crooner in the 1930’s on the local radio station, KFRC, eventually moved to NBC. While a radio personality, he co-starred with future […]
Determining Rent & Other Lease Terms
What is the Correct Formula to Determine How Much Rent To Pay and Other Helpful Lease Points Occupancy costs are becoming one of the most challenging costs that restaurant, bar and club operators face today with rents escalating far in excess of cost of living increases in high demand areas such as in the San […]
Things to Remember When Purchasing a Profitable Business
Minimizes the Risk of Purchasing a Business Purchasing a going-concern (a business that is profitable) business is less risky than buying an assets in- place business when the buyer changes the name, menu and concept. When a buyer starts a new concept, he does not have an existing customer base because there is a strong […]