- The Washington Times - Monday, October 21, 2002

Buying and selling restaurants is getting easier thanks to a new partnership between the National Restaurant Association and the business-for-sale Web site BizBuySell.com.
The association's Web site, www.restaurant.org, links online users to a database of thousands of restaurants for sale nationwide, as well as extensive information about the process behind buying and selling.
At the end of last week, eight restaurants in the District were up for sale ranging in asking price from $160,000 to $1.2 million, according to the Web site. Buying and selling restaurants isn't new. Sites such as BizBuySell are the modern-day equivalent to the traditional classified ad venues.
BizBuySell.com has been around since 1996 and has more than 20,000 listings of businesses for sale in dozens of industries and regions, says Bill Miller, president of the Charleston, S.C., Web-based company.
Restaurant industry listings make up about 20 percent of the site's listings the largest category for BizBuySell, he says.
This is the first time the site has partnered with a specific industry group, and Mr. Miller says he expects the number of restaurant listings to grow. The ads start at $59 for a two-month placement on the site.
Todd Mann, senior vice president for business development at the National Restaurant Association, says this partnership gives people interested in owning or selling a restaurant another resource.
"We have a huge number of people who constantly come to us [asking], 'How do I get into the business?'" Mr. Mann says. "This provides an avenue for them."
Making a new home
Domain Home Fashions, an upscale home-furnishing chain, has opened its fifth store in the Washington area, debuting its newest concept of "furniture for the kitchen."
The Fair Oaks store, which opened earlier this month, puts a focus on the kitchen as the "great room" of the house, says Judy George, founder and chief executive of the Norwood, Mass.-based retailer, which offers European-inspired furnishings.
"The kitchen is today's living room: the center of family life, entertaining and, of course, cooking," she says. "The kitchen is about personality."
The 7,000-square-foot store offers free-standing kitchen furnishings such as islands, sideboards, plate racks and upholstered furniture as well as cooking ranges from Aga, a leading British-based food-service equipment company.
Domain, a subsidiary of Aga Foodservice Group, will incorporate the Aga brand into its new stores. The company, which has 26 stores, is looking for locations in Annapolis and Baltimore.
Domain already has stores in Tysons Corner, Chevy Chase, Bethesda and Columbia. Those stores, which are about 5,500 square feet, specialize in the other rooms of the house.
In other news
Recreational Equipment Inc. (REI), the outdoor gear and apparel retailer, has signed leases for two new stores in Fairfax and Rockville.
The 22,500-square-foot store in Fairfax, to be located on the south side of Interstate 66 between Fairfax County Parkway and Route 50, is scheduled to open in fall 2003 and will have 50 full- and part-time workers. A 26,000-square-foot store, with about 80 full- and part-time employees, will open in fall 2004 at the new Congressional Village Shopping Center at Rockville Pike and Halpine Road. REI has locations in College Park and Timonium, Md., and in Bailey's Crossroads.
Donna De Marco can be reached at 202/636-4884. Retail & Hospitality appears every other Monday.

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