Le Lézard
Classified in: Business, Covid-19 virus
Subject: RLE

Bielat Santore & Company Sells Rod's Olde Irish Tavern, Sea Girt, NJ


SEA GIRT, N.J., June 8, 2020 /PRNewswire-PRWeb/ -- After one of the longest tenures at the New Jersey Shore, Rod's Olde Irish Tavern has been acquired by Chefs International as reported by Richard Santore of Bielat Santore & Company, Allenhurst, New Jersey. Long-time proprietor and "hands-on" operator, Frank Kineavy decided it was time, after 39 years in Sea Girt. "It was time," states Kineavy. After 39 years, it was time, and my broker Bielat Santore & Company could not have done a better job or found me a better buyer. Heck, who can put a deal together in the middle of a pandemic? They did it!"

According to both Barry Bielat and Richard Santore, Rod's was acquired by Chefs International, headquartered at 62 Broadway, Point Pleasant Beach, New Jersey. Chefs International, Inc. operates twelve other restaurants in New Jersey. The inclusion of Rod's into its collection of restaurants makes a "baker's dozen". The company's restaurant list is as follows: Lobster Shanty - Point Pleasant Beach, Jack Baker's Wharfside - Point Pleasant Beach, Sunset Ballroom ? Point Pleasant Beach, Patio Bar ? Point Pleasant Beach, Water Street Grille - Toms River, American Grill - Monroe, Moore's Tavern - Freehold, Escondido - Freehold, Anchor Tavern - Belmar, 9th Avenue ? Belmar, Marina Grille ? Belmar, the Cabin ? Howell Township which Chef's also acquired through Bielat Santore & Company and now Rod's ? Sea Girt.

Chefs International intends to operate the restaurant after making minor renovations to the facility until such time when restaurants can reopen at 100% capacity, emerging from the Covid-19 virus mandated shutdown. At that time, Chef's is planning a total makeover for the restaurant, floor to ceiling, both inside and out, adding outdoor seating and possibly an outdoor bar. At the heart of Sea Girt's business district, the newly renovated Rod's Olde Irish Tavern should attract many customers; both old and new.

"I still have another restaurant to run," adds Kineavy, "Frankie's in Point Pleasant. I am and will always be a hands-on saloon keeper. Who knows in a year or two down the road, I may give Bielat Santore & Company another crack at selling this one for me? And then, maybe I will just ride off into the sunset; or find another saloon to run!"

About Bielat Santore & Company
Bielat Santore & Company is an established commercial real estate firm. The company's expertise lies chiefly within the restaurant and hospitality industry, specializing in the sale of restaurants and other food and beverage real estate businesses. Since 1978, the principals of Bielat Santore & Company, Barry Bielat and Richard Santore, have sold more restaurants and similar type properties in New Jersey than any other real estate company. Furthermore, the firm has secured in excess of $500,000,000 in financing to facilitate these transactions. Visit the company's website, http://www.123bsc.com for the latest in new listings, property searches, available land, market data, financing trends, RSS feeds, press releases and more.

 

SOURCE Bielat Santore & Company


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