News

SOLD – Lallapalooza, Monterey by the Sea

JUST SOLD Lallapaloza Monterey by the Sea  Keith Simpson of Restaurant Realty Company recently sold Lallapalooza in beautiful Monterey. In 1997, Pat Ottone purchased a 4,000 sq ft restaurant space located on Alvarado Street, downtown Monterey by the Sea. Lallapallooza restaurant was established and quickly became a local’s spot for the discerning clientele enjoying its cocktailRead More »SOLD – Lallapalooza, Monterey by the Sea

BizBuySell Insight Report 2021

BizBuySell Insight Report Small Business Acquisitions Edge Higher as Labor Shortages and Rising Costs Slow Recovery Restaurants & retail headline growth as buyers seek reopening opportunities Labor shortage and supply disruptions eat into cash flow and revenue Unhappy employees seek refuge and independence in small business ownership Baby Boomers expected to use economic re-opening asRead More »BizBuySell Insight Report 2021

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