My Updated View of Restaurant Real Estate

Participants in the restaurant industry have always faced the dilemma of whether to own or lease real estate. Financial buyers prefer leasing real estate, because they don’t want to tie up capital. Owner/operators trend more towards ownership if they can find the right financing. In the current business environment, what particular issues affect such choices . . .

Why restaurants are adding retail and vice versa

It’s not uncommon for restaurants to have some kind of retail component, but in the past these retail endeavors offered products related to the restaurant, such as sauces or frozen pizzas, or items leveraging the restaurant’s name—T-shirts and mugs. Restaurants that come to mind in our marketplace are Famous Dave’s, Green Mill, Hell’s Kitchen. Major . . .

A New Type of Marriage: Restaurants and Retail

It’s not uncommon for restaurants to have a retail component. Normally these retail endeavors offer products related to the restaurant, such as sauces or frozen pizzas, or items leveraging the restaurant’s name. A more recent trend I’ve seen is for a restaurant to be part of a broader retail environment. Ralph Lauren has had high-end . . .