Restaurant Rap

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 ofRead More »What is the Outlook for the California Restaurant and Bar Industry After the Pandemic

Facts You Need to Know for Buying and Selling Restaurant, Bar and other Foodservice Businesses During Covid-19

What is the outlook for the food and beverage industry now and what will it look like in the future once Covid-19 is behind us? The California Restaurant Association (CRA) which is a statewide industry and is the definitive voice of the California foodservice industry projects that approximately thirty percent (30%) of all food &Read More »Facts You Need to Know for Buying and Selling Restaurant, Bar and other Foodservice Businesses During Covid-19

Predictions Regarding the State of the Restaurant & Bar Industry in California Post Covid-19

This article was written in the second half of April 2020 and California is still in a Shelter in Place status, which has been in effect since March 19, 2020. Since this date, only restaurants doing take-out and delivery are allowed to operate. All other restaurants and bars have been ordered to close.   TheRead More »Predictions Regarding the State of the Restaurant & Bar Industry in California Post Covid-19

Food and Beverage Businesses that have SOLD in 2019

Food and Beverage Businesses that have SOLD in 2019 The landscape for selling restaurants, bars and clubs continues to become more challenging in California due to the high costs of doing business in the state. Spiraling minimum wage and other payroll costs, the continued rise of occupancy costs and other operating costs including utilities, insurance, foodRead More »Food and Beverage Businesses that have SOLD in 2019

Basic Requirements for a Good Restaurant, Bar Or Club Business Purchase

The basic requirements for a good restaurant, bar or club business purchase are detailed below and include the following:  1)  a long term lease with a strong tenant landlord relationship, 2) purchasing the business at a reasonable price and not overpaying for the business, 3) choosing a strong location, and 4) locating in a marketRead More »Basic Requirements for a Good Restaurant, Bar Or Club Business Purchase

WEBINAR with California Association of Business Brokers

Steve Zimmerman recently delivered a Webinar for the California Association of Business Brokers (CABB) as part of their CABBinar series this past June 18, 2019. Titled "Use of Restaurant Sales Principles in Selling Other Types of Businesses", this CABBinar covered restaurant sales principles applicable to selling many other types of business sales including: Why DoRead More »WEBINAR with California Association of Business Brokers

The 2019 Economic Outlook for the Restaurant Industry in California’s Major Geographic Regions

This article is a result of my experience selling and overseeing the sale over 1,000 restaurants throughout California as well as the research I have completed. My research includes the review of many publications and websites including Nations Restaurant News, upserve.com, San Francisco Chronicle, fooddive.com, Modern Restaurant Management, restaurantbusinessonline.com, foodandwine.com and various other articles I read onRead More »The 2019 Economic Outlook for the Restaurant Industry in California’s Major Geographic Regions

Restaurant Realty Uses Cutting Edge Marketing Programs to Provide Outstanding Results

Restaurant Realty Uses Cutting Edge Marketing Programs to Provide Outstanding Results With over 150 combined years of real estate and restaurant ownership/management experience, Restaurant Realty Company’s staff of competent agents and brokers throughout the state have led our company to become the premier restaurant brokerage… Read More »Restaurant Realty Uses Cutting Edge Marketing Programs to Provide Outstanding Results