Jim Stump – Los Gatos Brewing Company, The Table & Stumpy’s
Jim Stump, a native of Utah, has been working in the food service business since he was fifteen. Jim has worked at some of the Bay Area’s most acclaimed venues including San Francisco’s Fleur de Lys and the Blue Fox, Santa Clara’s Birk’s Restaurant, Saratoga’s Le Mouton Noir, and the Los Gatos Brewing Company. After […]
The Advantage of Being Your Business’s Landlord
One of the biggest challenges restaurant, bar and club operators face is the cost of spiraling occupancy costs. I have seen many good operators over the years lose their successful business because they couldn’t continue to absorb the increased occupancy costs they have experienced. Unless you have a long term lease in place with reasonable […]
Ed Rathmann & Glenn Thompson – Willow Street Pizza & Main Street Burgers
Ed started his career in the industry in the 70’s as an owner operator of Eulipia, a successful night club and restaurant which he operated for 14 years in downtown San Jose which he sold to his partners. While he was negotiating his premises lease with his attorney Glenn Thompson for a new location, they […]
Advantages & Disadvantages of an Asset Sale Versus a Stock Sale
Asset Sale– Advantages No legal liability for the corporation prior to the purchase. In California, when an escrow is utilized, a bulk-sales process assures that the buyer will get title to the assets free and clear of all liens and encumbrances. No liabilities for employees –The seller’s employees are terminated at the close of escrow, […]
Greg Medow – Indigo, Jade Bar, Hobson’s, Flanahans & Swell Bar
Greg is a true hospitality professional. After graduating from Cornell University Hotel School in 1995 Greg worked for Myriad Restaurant Group owned by Drew Nietroent, a well known restaurateur, and actor Robert Di Niro and worked at New York City’s famous Tribeca Grill and Nobu New York as a waiter, bartender, food expediter, manger and […]
The Restaurant Sales Process
The sales process is a delicate balance between the needs and requests of the buyer and seller. Added to that is the collaboration and cooperation related to financing and escrow; and the guidance, work, and expertise of the restaurant broker. Please find below the steps in detail: The first step is the buyer makes an […]
WEBINAR on Industry Specialization
[vc_row][vc_column_text] WEBINAR on Industry Specialization [/vc_row][vc_row][vc_column_text] LISTEN TO WEBINAR [/vc_row]
Keith Simpson – Host of “Buy This Restaurant”
[vc_row][vc_column width=”1/2″][vc_column_text] After graduating from the London College of Hotel and Catering and working as a chef in London restaurants, Keith Simpson experience elevated him to cater for the British Royal family and heads of the British Government for a period of 10 years. Keith moved to the US in 1996 Keith owned and operated […]
Troubled Business Signs to Look For
Employees comment that customers are complaining about poor service, poor maintenance conditions, and the quality and quantity of menu items. Sellers owe back vendor debt, tax debt, etc. Seller is having to pay all bills cash on delivery (COD) when the merchandise is delivered. The employees are disgruntled, and some employees jobs have been eliminated. […]
Renzo and Crystal Azzarello of Luna Blu
Renzo and Crystal Azzarello came to Tiburon on their honeymoon earlier this year and stumbled upon a vacant restaurant space, Restaurant Realty was marketing, while on a romantic walk down Main Street, Tiburon. In December the couple opened Luna Blu at 35 Main Street, Tiburon. Crystal, who hails from Oxford, England and her husband, who […]