Restaurant Realty Company

San Rafael, United States

2.6

Closed now

5 reviews

Does not accept credit cards

Contacts

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Telephone:
+1 415-945-9701
Website:
www.restaurantrealty.com
Address:
77 Mark Dr Ste 14, San Rafael, CA, 94903
Categories:
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Bussiness info

Accepts Credit Cards
No

Today

Today 9:00 am – 5:00 pm
Closed now
Local time (San Rafael) 21:51 Friday, 29 November 2024

Business hours

Monday 9:00 am – 5:00 pm
Tuesday 9:00 am – 5:00 pm
Wednesday 9:00 am – 5:00 pm
Thursday 9:00 am – 5:00 pm
Friday 9:00 am – 5:00 pm
Saturday –
Sunday –

Description

Specialties

Specializing in Sales, Acquisitions and Leasing of Restaurants, Bars & Clubs

History

Established in 1996.

Restaurant Realty Company was founded by Steven D. Zimmerman in the San Francisco Bay Area. Steven has since developed the company into the largest California restaurant brokerage specializing in sales, acquisitions and leasing of restaurants, bars and nightclubs. Restaurant Realty is well versed in conducting deals with independent restaurant owners and buyers of businesses and real estate, as well as owners and buyers of multi-​unit operations, franchises and chains. Restaurant Realty has been a great success completing transactions with over 1,500 clients, selling/​leasing over 800 restaurants, and completing over 2,500 valuations. Restaurant Realty’s staff of restaurant brokers is now open to clients throughout California that are interested in buying, selling or leasing restaurants, bars and nightclubs. Unlike general business brokers or commercial real estate companies, Restaurant Realty is able to reach a niche audience of restaurateurs actively looking for deals.

Meet the Business Owner

Steven Z.

Business Owner

Steve is the Principal Broker and Chief Executive Officer of Restaurant Realty Company. Steven has personally sold/​leased over 800 restaurant, bar, or club businesses since 1996 and completed over 2,000 valuations. His real estate experience also includes sales, acquisitions, management, and ownership of numerous properties throughout California including restaurants, hotels, apartment buildings and single family homes.

Prior to starting Restaurant Realty Steven had over 20 years of restaurant experience and was President and Chief Executive Officer of Zim’s Restaurants, which was one of the largest privately owned restaurant chains in the San Francisco Bay Area.

Steven is a graduate of Cornell University’s School of Hotel Administration and University of San Francisco’s School of Business. He holds a California State Real Estate Brokers License (Lic. ID #1 310 250), State of California College Teaching Certificate, and has earned the industry’s top designations. (CBB and CBI)

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5 reviews of Restaurant Realty Company

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Place rating: 1
Upland, CA
I had a very bad experience with this company. I contracted them for 6 months to sell my restaurant. After 6 months with lots of promises, and no results, my contract had expired. I sold my restaurant by myself and it took a while. 13 months after my contract expired, and while I was in escrow Mr. Steven Zimmerman filed a claim with my escrow company seeking $ 11,000. for his commission. I had to retain a lawyer. My lawyer instructed Mr. Zimmerman to withdraw his claim, because the contract had long expired. Mr. Zimmerman insisted that he sold my restaurant, and he was due his commission. Mr. Zimmerman said that if we wired ½ of his claim (a new total of $ 5,500.) into his bank account within 4 days, he would withdraw his claim. My lawyer advised me to do this, because if we went to court it would end up costing me more than the $ 5,500. So we wired the $ 5,500. the next day .I also had to pay attorney fees. DO NOT USE THIS COMPANY.
Place rating: 1
Alameda, CA
I would never work with this company. Good at initial appointment to list the business. After you sign the contract you never hear from them again. NEVER could get a call back from the Broker, they are most unprofessional.
Place rating: 5
San Francisco, CA
Very happy with Steve Zimmerman and his team. Restaurant Realty are clearly the leaders in their field for a reason. Looking for a new restaurant can be a slow process, but RR were quick to respond to all our queries and gave straightforward explanations and guidance throughout the process and afterwards. Steve is most definitely a great businessman and his book Restaurant Dealmaker is a must read for anyone wishing to get into the business.
Thank you from Luna Blu in Tiburon.
Place rating: 5
Oakland, CA
We used Restaurant Realty to sell a family bar in San Francisco and had a very satisfactory experience from start to finish. The office support staff was polite, helpful, and efficient. Our broker, Steve Zimmerman, is very knowledgable about the market and was responsive to every email and phone call. We had several landlord issues to work out and Steve was able to maintain a positive working relationship with him. We also had ABC complications and Steve was very helpful in resolving those. He was able to draw on effective resources when needed and maintains a network of knowledgeable professionals he can call on when his clients need extra support.
I wouldn’t hesitate to recommend Restaurant Realty to anyone who needs an experienced, professional, and effective realtor for selling a restaurant or bar.
Place rating: 1
San Rafael, CA
I had a really bad experience with this company. They sign you up telling you they are going to do all this marketing to sell your business. When you are under contract it’s hard to get a hold of your broker. You never get updates about potential buyers. You are just a number on their sales list. No personal attention is given to you.
They inflate the numbers of how many people actually view their website to show they can sell your business. Finally when my contract expired and I followed up with the potential buyers most of them said it was difficult to speak with any broker about the business. All they got when they called was an answering machine. There was never any follow up. Months of wasted time with this company of trying to get my business sold. I would not recommend using this company.