2023 Record Year – 89 Deals in 50 Cities
2023 was another record year for Restaurant Realty Company (RRC) tying 2022 with 89 deals completed in 50 California cities. What type of food and beverage businesses did we sell and/or lease in 2023? The businesses that sold and/or leased included the following categories. 1) A number of full-service restaurants with and without bars, 2) 6 […]
RestaurantOwner.com: Restaurant Valuation – Post-Pandemic Update
An accurate valuation is required not only for carefully planned business sales, but also in the wake of unexpected events. These include execution of a buy and sell agreement to reassign shares of the company if a partner dies or otherwise leaves the business. A valuation of the business as marital property might be required in a divorce proceeding. Or you might be presented with an unexpected offer to purchase your business that could be too good to pass.
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 […]