Wednesday, January 24, 2018

40-year Baltimore restaurant broker on closures, sales: 'This is the most I've seen'

It’s not all in your head — there really have been more Baltimore bars and restaurants going up for sale or closing lately. One local broker says the pace is unprecedented in his career. “It’s always in and out, but being in the business for 40 years, this is the most I’ve seen closing up at any one time,” Jerry Blumenthal, a principal at BCV Commercial Realty, said. “Usually, they’ll call somebody like me and try to put it on the market. But they’re not waiting now.” In the past few weeks,…



from https://www.bizjournals.com/baltimore/news/2018/01/24/40-year-baltimore-restaurant-broker-on-closures.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/170085883552

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