Jim McGinnis

Company Overview

The Restaurant Broker & Developers, Inc. of the Washington, DC Metropolitan and Mid-Atlantic region was established with the focus of providing commercial real estate help to those in the food service and restaurant industry. Too often commercial real estate professionals represent a wide variety of property types from office space to retail and warehouse properties, leaving the client without direction as to the nuances of restaurant needs and requirements. As an alternative, Restaurant Brokers & Developers, Inc. (RBD) specializes in assisting restaurant owners, franchisees and new entrepreneurs in their pursuit of a great space or business opportunity. Finding a space that works for your restaurant concept, buying a restaurant business or expanding to a new location with your existing restaurant is a challenge. Add to it the dynamic restaurant and commercial real estate industry of the DC metropolitan region and you have a recipe for lots of aggravation. Let us lead you to the right property or business opportunity. All RBD team members have experience in the restaurant and hospitality industry and we offer a complete brokerage to service all of your real estate, lease and business purchase needs. Whether it is selling, buying, or starting a restaurant from scratch, we are the team with a wide range of experience to guide you through all facets of the restaurant real estate process.

Services Offered

Real Estate sales & leasing; Restaurant sales & Purchasing; Tenant Representation. As our motto says, “Food is our only business”. We don’t sell any other type of business besides food and restaurant use. We can assist in the evaluation of the business and setting the selling price for your restaurant business. With our customer base, we can get your business into the market quickly with qualified buyers. Confidentiality is very important when selling an existing business, let alone a restaurant. We discreetly market your restaurant and have our customers sign a Non-Disclosure Agreement to control knowledge from your employees and customers. Our experience can sell your restaurant without all of the pitfalls that are usually involved in the sale of a business.

Broker Profile

Jim McGinnis has been in the commercial real estate business for 39 years, specializing in the restaurant industry. He graduated from the University of Maryland with a degree in Communications. He went into real estate, selling businesses for a Business Broker in Bethesda, MD. His working knowledge of the region has his services in demand for restaurant chains looking to expand into this market area. His expertise is focused on finding space and negotiating leases for the hospitality industry, working with Landlords to lease their space as well as restaurant sales. Jim is a former certified Real Estate appraiser that was licensed in the state of Maryland and served on the Prince Georges County Financial Loan Services loan review committee reviewing business loans in the County. He has done extensive consulting for the Southern Maryland Small Business Development Center working with their restaurant clients developing business plans and sales projections. In addition, he is a recurring guest speaker at SBA seminars in the restaurant industry. He is a retired NCAA basketball official and a high school basketball official in the Maryland, Washington D.C and Virginia area. Jim is a licensed Real Estate Broker.

Areas Served

Maryland, Washington DC & Virginia