Restaurant Industry Alert
2024 Outlook: Restaurant Trends and Challenges
Accelerated Sales and Traffic Growth Bring Optimism to Restaurants
Bringing the Year to a Closing!
The Holiday Season is Looking Particularly Merry for Restaurants This Year
How Consumers And Restaurants Are Changing Thanksgiving This Year
Why Bar and Restaurant Owners Should Capitalize on Live Sports Entertainment
Effort to Kill the ‘Joint Employer’ Redefinition Draws Support in the Senate
MJ’s – Another Brick in the Wall
Murphy Reportedly Expects to Conditionally Veto Brewery Bill Post-Election
Biden Administration Wants to Raise the Threshold for Overtime Pay
Lawmakers Propose Raising the Federal Minimum Wage to $17 – Kill the Tip Credits
Retro Roadside Diner Traded
How to Sell Your Restaurant Amid Retirement, Burnout and Economic Uncertainty
RP Prime Corrales Second Steak House
Entrepreneur Dives In To a Second Seafood Restaurant
Are Restaurant Loyalty Programs Worth It for Full-Service Establishments?
Sterling Gardens Sold – Hudson Square In
Legislation to Change U.S. Tax Code Would Help Restaurants Expand, Rebuild
SBA Will Redistribute Remaining $180 Million to Restaurants in Need
US Food Suppliers and Chain Restaurants Warn Prices Will Keep Climbing
Red Bank Cornerstone Restaurant Sold
Why the $48 billion Restaurant Revitalization Fund Refill Won’t Pass in the Senate
Nothing Fishy About This Sale
B2 Bistro – On the Waterfront
Congress Dashes Chances of Restarting the Restaurant Revitalization Fund
There Has To Be A “GOAT” On Some Level
HAPPY NEW YEAR 2022! The Best of Restaurant Business 2021 The up-and-down year in the restaurant industry. It’s amazing to think just how much of a roller coaster the past year really was. The year began with continued COVID challenges and political upheaval that evolved into hope with vaccines and reopenings and a surge in…
Rod’s Little Cousin “Frankie’s” Sold
House Introduces a Bill to Bring Back the Employee Retention Tax Credit
Dram Shop Law: Can Bars Be Held Legally Responsible for Drunk Driving Accidents?
Infrastructure Bill Will Terminate Employee Retention Credit Retroactively
Diner Bob Sells Another NJ Diner
Lory’s Lakeside Still in the Neighborhood
Biden Proposes to Raise Long Capital Gains Rate from 20% Up To 39.6%
Restaurant Revitalization Fund is Now Closed But you can still check status of your application. The Restaurant Revitalization Fund program, which provided more than $28 million of economic aid to restaurants and other establishments struggling to make ends meet as a result of the COVID-19 pandemic, was closed Friday, the U.S. Small Business Administration announced. …
SBA Remains Silent On Restaurant Revitalization Fund confusion. Some recently rescinded applicants received the promised funds in their bank accounts the next day, while others were told that their application is now being completely rejected. The U.S. Small Business Administration still has not directly commented on the widely varying issues restaurant operators are experiencing in…
NJ Package of Legislation to Provide $235M In small business relief. As New Jersey continues to recover from the ravages of the COVID-19 pandemic, Governor Phil Murphy today signed five bills – A5704, A5705, A5706, A5707, and A5709 – which provide additional aid to small businesses that continue to suffer from the economic effects of…
Congress Introduces $60 Billion Replenishment Of the Restaurant Revitalization Fund. Congress introduced legislation Thursday to replenish the Restaurant Revitalization Fund with a $60 billion second round of restaurant relief, after the U.S. Small Business Administration received requests for more than triple the allocated funds the first time around. The Restaurant Revitalization Fund Replenishment Act of…
The sixth interview of the series revival checks in with restaurateur and partner of the Salt Creek Grill restaurants, Steve Bidgood.
Another $235M Could Be Coming to N.J. Small businesses, restaurants crushed by COVID. Another round of grants could be headed to New Jersey’s small businesses, nonprofits and childcare centers, as a package of six bills heads to the governor’s desk. The state Senate passed the $235 million in grants, aiming to help businesses suffering from…
The fifth interview of the series revival checks in with owner and operator of Charley’s Ocean Grill, Long Branch and Blue Swan Diner, Ocean Township, New Jersey, Mario Magriplis.
TORNADO OR NO TORNADO – SIMKO’S SELLS NEPTUNE: On March 28th, two days after owner Mike Simko signed a contract to sell his restaurant located at 1311 Highway 35, Neptune, Monmouth County, New Jersey, “straight-line winds” of around 70 mph ripped through his neighborhood leaving scattered debris, downed utility poles and wires, and damaged vehicles…
SBA’s Pandemic Relief Fund for Restaurants Deluged with applications. The $28.6 billion Restaurant Revitalization Fund (RRF), passed as part of the American Rescue Plan, has received more than 266,000 applications, requesting more than $65 billion in funds as of May 12, the U.S. Small Business Administration says. Nearly half, or 147,000 applications, came directly from…
The fourth interview of the series revival checks in with new restaurateur and owner of Deal Lake Bar & Co., Loch Arbour, New Jersey, Phil Villapiano.
The third interview of the series revival checks in with multi-restaurant owner and Chairwoman of the New Jersey Restaurant Association, Marilyn Schlossbach.
SBA: Restaurant Revitalization Fund Relief will start arriving today. Long-awaited federal help for the nation’s restaurants will begin arriving as early as today, according to the U.S. Small Business Administration (SBA). As part of the first round of funding for the Restaurant Revitalization Fund (RRF), established by the American Rescue Plan and signed into law…
COVID-19 Restrictions Eased On many fronts. Taking cues from neighboring states like New York and Connecticut, Gov. Phil Murphy announced today the easing of COVID-19 pandemic restrictions on New Jersey businesses, gatherings and venues, given the state’s significant progress in vaccinations and sustained reduction in COVID-19 cases and hospitalizations. The reopening steps, which will begin May 19,…
The second interview of the series revival checks in with renowned chef and restaurateur, David Burke
The Status of the NJEDA Small Business Emergency Assistance Grant Program
The first interview of the series revival checks in with Angelo DiCapua, CEO of seven MJ’s restaurants throughout New Jersey
It was a Sitting Duck for MJ’s #7
Capacities Expanded for Large Venues, Banquet Halls, Outdoor Gatherings
The initial webinar of the 3-part series will take place on March 4, 2021 at 10:00am EST.
Cities Have Permanently Lost 400,000 Jobs During COVID-19 Pandemic?
Bielat Santore & Company welcomes new salesperson Alex Neff to the team…
Ask Governor Murphy to Increase Capacity and Hours of Operation
Bielat Santore & Company debuts first interview of “Who’s Who in the Restaurant Industry” series revival, “How You Doin” – COVID-19 Edition with owner of B2 Bistro + Bar, Sandy D’Anton.
Rumson Landmark Restaurant Sold
Medical Clinic Acquires Family Restaurant
The former River Palm Terrace was sold and transformed to RP Prime in the Spring of last year.
B2 Bistro + Bar has acquired its fifth restaurant with the acquisition of the Tuscan House located at 120 Hooper Avenue, Toms River, Ocean County, New Jersey.
Indoor Dining Capacity Limits in N.J. Not Likely to Change Soon
Murphy Says ‘All Options on Table’ to Fight N.J. COVID Spread
Murphy Not Likely to Expand Indoor Dining Capacity This Week
Bielat Santore & Company introduces new salesperson, Daniel Lynch to their team
The whitepaper titled: Selling a Restaurant Business Amidst a Pandemic, details the necessary steps for business owners deciding whether to sell or maintain business operations
The long-standing restaurant, bar and nightclub known identifiably as the “Downtown” has been sold.
Murphy Not Ready to Expand Capacity for Gyms, Indoor Dining
Restaurant owners in New Jersey are beginning to strategize how they will make it through colder months, with less outdoor dining.
Gov. Phil Murphy signed Executive Order No. 183, which establishes rules for the resumption of indoor dining on Friday, Sept. 4 at 6:00 a.m.
The “Resources Library” page features exclusive reference books published by Bielat Santore & Company navigating business owners through the dark times of the global pandemic
Enough! Time to seriously loosen lockdown rules for restaurants and others
The E-Book details the journey of the first 100 days of the global pandemic and how Bielat Santore & Company responded to their clients’ needs
After 35 Years, Red Bank’s Front Street Trattoria Has Closed
Editorial: Governor Murphy Has Destroyed NJ Restaurant and Hospitality Business
The White Chapel Projects was acquired by the Marilyn Schlossbach Group through Bielat Santore & Company in January 2020, before the coronavirus pandemic forced the beer hall and eatery to close
Certified Public Accountant, former nightclub/restaurant operator and current managing partner of Branches Catering in West Long Branch, New Jersey, Carmen Penta discusses the catastrophic effects the global pandemic has had on the hospitality industry.
Bielat Santore & Company Rolling Back Restaurant Industry Alert
This is the third real estate transaction the firm has been able to close during the Covid-19 pandemic
Why Many Newly Reopened Restaurants are Closing Down Again
Multi-restaurant owner/operator and long-time restaurateur, Gary Schoelkopf reveals the secret to his businesses success and why he doesn’t plan on opening for outdoor dining right away
This is the second restaurant/bar sold by Bielat Santore & Company during the Covid-19 shutdown.
Asbury Park, NJ Shelves Plans to Allow Indoor Dining at Restaurants
Chris McCallion, co-founder of private real estate investment company, MB1 Capital Partners and co-owner of Beach Haus Brewery in Belmar, New Jersey shares how the craft brewery business is surviving amid the global pandemic.
Restaurants Tell Senate of ‘Absolute Despair’ from COVID Shutdown
Bielat Santore & Company has formed a task force comprised of multi-unit restaurant operators to collaborate on ideas, procedures, strategies and goals as they relate to the preparation for and the reopening of restaurants and other hospitality-based businesses in New Jersey.
The playbook is a guide for restaurateurs to navigate the stages of reopening their businesses, in collaboration with the firm’s newly formed Task Force
Bielat Santore & Company Releases NJ Restaurant Reopening Playbook
Why Outdoor Dining Isn’t as Simple as it Sounds for N.J. Restaurants
Chris Wood, owner and operator of two Jersey Shore restaurants explains how the global pandemic has affected his businesses in vastly different ways
Musician and longtime restaurateur, Tim McLoone is optimistic about the future of the restaurant industry, while his twelve New Jersey restaurants remain closed
House Approves Bill That Gives Small Businesses More Time to Use PPP Loans
Chef’s Make Deal on Rod’s
Legislation Enabling Policyholders to Obtain Insurance Coverage
Rally Calling for N.J. to Reopen from Coronavirus Restrictions
How Restaurants Should Communicate Reopening with Customers
Longtime restaurateur and owner/operator of Salt Creek Grille restaurants explains why he decided to open for take-out after a two-month closure
Bielat Santore & Company gets perspective from representatives from Global Indemnity Insurance Agency on how insurance companies are working with restaurants and small businesses
Restaurants Are Suing Insurance Companies Over Unpaid Claims
Long-time restaurateur, Mark Jakuboski plans for a new normal at his restaurants post Covid-19
Aspiring restaurant owner, Phil Villapiano explains the challenges of trying to open a restaurant during the state-wide mandated shutdown.
Plan Calls for Some Jersey Shore Beaches, Restaurant to Reopen in June
The firm’s intention is to collect feedback from industry professionals to better serve restaurateurs to help overcome the challenges during global pandemic
Owner/Operator of two Jersey Shore restaurants, Mario Magriplis, discusses establishing a new business model to keep businesses afloat post-pandemic.
Longtime restaurateur, Alan Meinster, explains what he envisions dining to be like in a post-Covid-19 world.
Restaurateur, Humanitarian and Chairwoman of New Jersey Restaurant Association, Marilyn Schlossbach explains the struggles the restaurant industry is facing during the global pandemic.
Insurance Companies Are Wrongfully Denying Business Interruption Coverage
Senior Managing Director and Head of SBA Lending at Peapack-Gladstone Bank, NJ provides insight on the bank’s relief efforts for small businesses during global pandemic.
Renowned chef and restaurateur, David Burke details how the global pandemic has affected his restaurants.
The first guest of the weekly video interview series featured Angelo DiCapua, CEO of seven MJ’s restaurants throughout New Jersey.
The series consists of exclusive virtual video interviews with hospitality industry professionals during mandated closures of small business
The Restaurant Industry Alert includes helpful news and updates for restaurant owners and employees during state-wide closures
11 Coronavirus Initiatives From Restaurants and Bars Around the World – And How You Can Help
What financial assistance programs can help NJ small business owners?
Here are some restaurant openings in 2020 that we can’t wait to try.
In a world where delivery service apps like GrubHub, Uber Eats and Doordash are taking over the restaurant scene, are customers using the phone to place orders anymore?
For restaurateurs, having a celebrity dine at their restaurant definitely couldn’t hurt.
Joining forces with Casertano, Schlossbach set her creative notions in motion and instituted a new gastropub concept, soon to be called “The Sparrow at White Chapel Project.”
Read on for tips on how to run the back of the house efficiently, because it does affect the entire flow of the restaurant.
There are plenty of options for making restaurant reservations that both restaurant-goers and owners should be aware of.
Uncle Louie’s Takes Over Momma’s Kitchen
In a recent survey, US adults were asked who they would compensate as a thank you for their services. The results were not what restaurant industry professionals hoped to hear.
From the cleanliness of the table, to how quick their food arrives, to how perfectly cooked the steak is to their liking, the customer is assessing it all, and getting ready to tell their Twitter followers about it.
Bielat Santore & Company’s Major Sales of 2019
See some tips below on how to deal with customer complaints effectively.
We see why customers love it, but are restaurants benefiting from these weekly, sometimes daily deals?
Here’s why people love the boozy brunch concept and what restaurateurs are doing to drive business.
Bowling Alleys Find New Lanes
Maybe the Last of the “Old Time Taverns”
Below are some millennial dining trends that have revamped the restaurant industry.
How does a speakeasy thrive in the not-so-secret digital age? Read on to find out.
Here’s how to make sure your restaurant is prepared for the entire Thanksgiving week.
Oftentimes, it was a surprise to see an older employee working the front-of-house, but according to recent reports, that is all going to change.
Here’s a few ways to market your restaurant during the holiday months that will encourage people to step away from the stove and make a reservation.
With more people craving healthier options, veg-friendly eateries are becoming more popular than ever.
Jersey Shore Restaurant Week returns November 1st – 10th.
Here are some pros and cons of turning your restaurant cash-only or cash-less to help you decide what works best for your business.
Guests are gravitating more towards healthier menu items, and restaurateurs are hearing their demands.
How to identify the audience you want dining at your restaurant.
Clifton Gets Fresh-to-Order Pizzeria
Deal Lake Gets New Bar +
It seems like every food and beverage establishment has some sort of musical entertainment for customers to enjoy, especially along the Jersey Shore beaches.
These tools have provided users with hours of entertainment, distraction, as well as benefited businesses in more ways than one.
The Grand Opening will be on October 1, 2019.
Regardless if you have been in the food truck business for years or if you are just starting out in the mobile food industry, festivals are great locations to find customers.
Restaurants are now offering up their dining rooms for you to plug in during non-dining hours.
Here are some ways customers are critiquing your restaurant that has nothing to do with the food.
Although having a good menu and a professional staff is important to an eatery’s success, having a favorable location will give the business those extra points for convenience.
While many restaurants boast that they are “kid-friendly,” welcoming families with little ones, some restaurants do the opposite by enforcing age restrictions with their diners.
Restaurateurs pay close attention to every detail to enhance the atmosphere of the restaurant, and secretly control the mood of the customer.
Stealing could be happening right in the restaurant’s kitchen, and the numbers are alarmingly high.
If you are looking to turn your dreams into reality and open an eatery, these are the concepts that have earned the most bang for their buck.
Full-service restaurants, especially located in large cities where there is heavy competition, are proving that late-night hours may be the key to luring a whole new layer of business.
Only the worthiest establishments are gifted with the honor of a 1, 2 or 3-star rating in this prestigious restaurant guide.
Many popular chain establishments are closing locations throughout the country
These types of comfort foods may be just the flavors you need if you are looking to spice up your restaurant menu
Just a matter of a manager or owner showing up to work with a negative attitude can have a dramatic impact on the entire workforce
While your favorite restaurant may not look like they have it all together, there’s a good chance they went through the same struggles many proprietors face when they are just starting out
Getting some criticism is healthy and can be very beneficial in improving your business.
Bielat Santore & Company Salesman, “Diner” Bob Gillis gives his take on the future of the Diner Industry
Chefs International purchases 12th restaurant in New Jersey.
Advancements in technology and social media are big trends this year in the food industry
The success of the mobile food industry has shaken the nerves of many quick-service restaurants who offer similar business in one or several rooted locations.
Top Rated Steak House Sold
Make the Transition From Tablecloths to Umbrellas As Smooth As Possible
New Owners, Same Ol’ Charm
Restaurants Are Getting Teen Workers From Other Industries
A Breakdown of DoorDash, UberEats, GrubHub and Postmates
“The levels of satisfaction that you can get from an independent restaurant can’t be beat”
All food and beverage operations include Maggie’s Uptown Bar & Grill, Maggie’s Underground Sports Bar and Restaurant and Maggie’s Outdoor Tiki-Bar.
Bielat Santore & Company provides updates on “Raise the Wage Act of 2019” for restaurant industry.
Bielat Santore & Company provides restaurateurs with tips and tricks on how to attract customers to their websites.
Good Morning A.M. Kitchen For over 25 years, Ray’s Café, Sea Girt, New Jersey has been a mainstay for breakfast-lunch consumers. Several years later, Ray’s opened their second location on Third Avenue in Spring Lake, New Jersey. Thousands of eggs later, planning for retirement and turning down the burners just a bit, Ray Litzinger of…
Luigi’s Tavern Out – Nettie’s House of Spaghetti In It’s been 60 years since Luigi’s Tavern first opened its doors at 5119 Asbury Avenue in Tinton Falls, Monmouth County, New Jersey. The long-standing bar and restaurant was originally built by Luigi Menditto in 1958-1959 and was known for their cold drinks, delicious thin-crust pizza, warm…
Bielat Santore & Company integrates mobile-friendly access for website users Bielat Santore & Company is excited to announce the launch of their newly redesigned state-of-the-art website. The site, which was released to the public this week, allows users to readily navigate through information about the company, the services the company offers, its team members, client…
This liquor license was a Type “32” license in Seaside Heights, NJ Bielat Santore & Company has just sold another liquor license as reported by Richard R. Santore of Bielat Santore & Company, Allenhurst, New Jersey the broker for the sale. The Allenhurst, New Jersey firm has sold hundreds of liquor licenses within the State…
Bielat Santore & Company introduces new salesman to team Bielat Santore & Company is pleased to welcome the newest addition to its team of professional salespersons, Mr. David A. Alvarez. The former restaurant owner is working alongside the company’s three other Licensed Real Estate Salesmen, Joseph Denker, Robert Gillis and James Gutentag. The addition of…
Highlands Rising Up The former Grimaldis, restaurant and bar located at 123 Bay Avenue, Highlands, New Jersey, has been sold according to Barry Bielat of Bielat Santore & Company, Allenhurst, New Jersey, the broker for the sale. Prior to Hurricane Sandy, the location was the home of Grimaldis Coal Brick Oven Pizzeria; in fact, the…
MJ’s Hooks #6 – This One Waterfront Central New Jersey’s fastest growing restaurant company, MJ’s, has just purchased their sixth restaurant location on the Barnegat Bay in Berkeley Township, Ocean County, New Jersey. This is the first MJ’s location in Ocean County and the first waterfront location for the company. The broker for the sale…
Looking back and being thankful… Closing out 2017: The New Year provides an opportunity for a fresh start for many people personally and professionally. But it is also a time for reflection on the success and the blessings that the previous year has gifted. In a new report , Bielat Santore & Company looks back…
Pizzuto’s Market Sold to Two Paisans Think of an Italian market, and what’s the first image that comes to mind? A bustling, aromatic shop with huge wheels of Parmigiano-Reggiano cheese on the counter and small wedges of pecorino Romano in baskets. Shelves stocked with jars of imported capers, olive oils and plump white beans. And…
Neighborhood Tavern Changes Hands For more than 50 years the Hiawatha Tavern has been a fixture in Hazlet Township. Changing from owner to owner over the years, it was purchased by Michael Fiscina in 2002 and centrally located on Highway 35, Hazlet, Monmouth County, New Jersey. In 2007 the bar was relocated to a larger…
Bielat Santore & Company Sells 709 Point Pleasant Beach Restaurant
The Transaction Closed on October 31, 2017 A foreclosure occurs when a property owner cannot make principal and/or interest payments on a loan. The property then goes through the foreclosure process and is placed for sale by auction. If the opening bid is not met, the property becomes a REO or real estate owned by…
When the Pappalyiou brothers decided to retire and sell the restaurant, they called on Allenhurst commercial real estate firm Bielat Santore & Company, to handle the transaction.
Bielat Santore & Company Recognized by Asbury Park Press in “Small Business Spotlight” The Asbury Park Press recently recognized Bielat Santore & Company for their long-standing success in the commercial real estate business. The firm, located in Allenhurst, New Jersey, has been a leader in the purchase and sale of real estate, chiefly within the…
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