California’s Restaurant Industry Performance in 2023 and the Outlook for 2024
California’s Restaurant Industry Performance in 2023 and the Outlook for 2024 The California restaurant industry as always is continuing to be challenging. There are many restaurants facing challenges and have not been able to fully rebound since Covid. Additionally, many restaurants whose life line was PPP money have used up their funds and are finding […]
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 […]
Restaurant Realty Company has Sold and/or Leased Over 150 Restaurant, Bar and/or Related Commercial Buildings During Covid
How has Restaurant Realty been so successful in completing over 150 transactions during such a challenging period for the industry? There are many reasons which include as follows: 1) Most of our agents and brokers are former restaurant owners and/or managers and understand how to relate to our seller clients having been in their role. […]
What is the Outlook for the California Restaurant and Bar Industry After the Pandemic
Overview.The restaurant business has picked up recently as a result of the cautious optimism felt throughout the country regarding the vaccine being implemented and the country opening up. California is officially targeted to open June 15 short of any pandemic setbacks. This potentially means that there will be more lenient restrictions regarding the percentage of […]