BNET Industries
California Beach Restaurants Inc. (CBHR) is in the Food Industry
- Revenue
- Apr 30 2002
- $12.8M
- Profit
- Apr 30 2002
- ($924.0K)
- Market Cap
- Oct 01 2008
- $68.0K
Latest News and Analysis
L.A. landmark Gladstone's, ex-CEO sign licensing pact
LONG BEACH, CALIF. -- When California Beach Restaurants' then-chairman and chief executive Alan Redhead went fishing for expansion properties for the company's landmark Gladstone's 4 Fish, little did he realize he one day would bite his own hook. But now Redhead and development partner John...
Calif. Beach net quadruples, but 2nd-Q sales dip 8%, to $3m - Finance - California Beach Restaurants Inc - Brief Article
PACIFIC PALISADES, CALIF. -- California Beach Restaurants Inc., which closed one of its two restaurants last June because the location had recurring losses, saw its bottom line quadruple for the second quarter ended Oct. 31. The company, which operates Gladstone's 4 Fish restaurant here, posted second-quarter earnings of...
Anniversaries
320 years old King George II Inn, Bristol, Pa. 285 years old Longfellow's Wayside Inn, Sudbury, Mass. 225 years old The Griswold Inn, Essex, Conn. 175 years old Durgin-Park, Boston Lord...
A career in foodservice: Unhealthy lifestyle
From alchoholism to obesity it's a mad, mad world The seamy side of the hospitality industry has been fodder for consumer entertainment lately. Chef-author Anthony Bourdain of New York's Les Halles whipped his tales of drug-laced kitchen work and less-than-palatable culinary practices into a best-selling...
California Beach group up from losses a year earlier
PACIFIC PALISADES, CALIF. -- California Beach Restaurants Inc., operator of a two-unit local chain, posted a $243,000 profit for its first quarter ended July 31, up from a loss of $160,000 in the year-ago quarter. Revenues increased 24.4 percent, to $3.91 million, from $3.14 million in the same three-month period...
Go fish: Seafood chains eye growth on national scale
Full-service seafood chains from coast to coast are swimming farther from familiar shores in expansion drives made possible by improved corporate infrastructures and enhanced supply-side efficiencies. From the Pacific Northwest's high-end McCormick & Schmick's to the moderately priced Shells Great Casual Seafood of Florida, formerly...
Gladstone's 4 Fish wins panel's OK to hold landmark site - Los Angeles, California - Brief Article
LOS ANGELES -- Beach-front landmark Gladstone's 4 Fish, the reputed highest-grossing restaurant in California, defeated Chicago's Levy Restaurants and others to win preliminary approval for a new 20-year lease at its 2.8-acre site. Subject to final approval by the Los Angeles County Board of Supervisors, Gladstone's parent,...
California Beach gives seats to bank - board seats to Bank of America - Brief Article
PACIFIC PALISADES, Calif. -- As part of debt-restructuring terms for its Sea View Restaurants Inc. subsidiary, California Beach Restaurants Inc., parent to high-volume Gladstone's 4 Fish restaurant, agreed to relinquish two of its five board seats to creditor Bank of America. A restructured bank loan calls for Sea View to...
Gladstone's parent buoyed despite foreclosure threat - California Beach Restaurants, Gladstone's 4 Fish restaurant in Los Angeles
LOS ANGELES - Despite the worsening effects of fire, flood and earthquake on three years of declining sales, business at the beachfront landmark Gladstone's 4 Fish appears to be on the rebound, and it remains one of this city's most popular and lucrative dining destinations. Management reported that...
Country Star snags Morris for Universal CityWalk debut
SANTA MONICA, Calif. -- Country Star Restaurants Inc., which went public in December to fund a planned chain of country music-themed eateries, has retained Los Angeles restauranteur Robert J. "Bob" Morris to manage and develop food and beverage services for its first location, at Universal City Walk...
Operators brave the heat of Southern Calif. blaze
MALIBU, Calif. -- Restaurateurs withstood the heat and stayed in their kitchens for days on end to feed emergency workers and displaced neighbords as hillside firestorms ravaged parts of Southern California for a second week. "We've been here the whole time, and I've scrambled thousands...
Gladstone's parent gets bank, REGI to relieve debts - loan to California Beach Restaurants, Restaurant Enterprises Group Inc - Brief Article
LOS ANGELES -- California Beach Restaurants, the debtstrapped owner of the Gladstone's 4 Fish and RJ's the Rib Joint landmarks here, said it reached a forbearance and preliminary restructuring agreement with its bank, which previously had accelerated amounts due from a defaulted $10 million loan to the company's...
Gladstone's Morris quits; parent eyes Chapter 11 - California Beach Restaurants Inc.'s Gladstone's 4 Fish, Robert J. Morris
LOS ANGELES -- Restaurant impresario Robert J. "Bob" Morris has quit as chairman and chief executive of California Beach Restaurants Inc., just as the embattled company -- whose Gladstone's 4 Fish here reputedly is California's highest-grossing restaurant -- said it may seek bankruptcy protection because of intensified debt-repayment pressures and...
Gladstone's owner breaks loan deal, projects net loss - Brief Article
LOS ANGELES -- California Beach Restaurants, owner of the high-grossing Los Angeles landmarks Gladstone's 4 Fish and RJ's The Rib Joint, said it has fallen out of compliance with certain bank-loan covenants and anticipates reporting a $1.1 million net loss for the year ended April 30. The company...
Industry stocks' appeal wanes in 2nd quarter
Industry stocks' appeal wanes in 2nd quarter Demand for restaurant stocks cooled off sharply in the second quarter after the segment blasted into the new year with one of the largest valuation gains in memory. In a change from the first quarter, when investors gobbled up restaurant...
MUFSO: strategies for change; top execs grapple with rapid-fire consumer shifts, looming economic slowdown
MUFSO: Strategies for change LOS ANGELES - An all-star team of foodservice executives meeting at Nation's Restaurant News' 31st annual Multi-Unit Food Service Operators conference sketched out a new set of blueprints that will enable management to face accelerating consumer changes. At the same time, the executives...
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- Incorporated: 1971
Co. is currently engaged in one line of business, the ownership and operation of restaurants, including Gladstone's 4 Fish ("Gladstone's") in Pacific Palisades, California and RJ's - Beverly Hills ("RJ's") in Beverly Hills, California. Co. owns and operates the following restaurants through its wholly-owned subsidiary, Sea View Restaurants, Inc. ("Sea View").
Key Competitors
California Beach Restaurants Inc. Company Info
Board of Directors
Alan Redhead
Chmn.
J. Christopher Lewis
Jefferson W. Asher Jr.
Richard P. Bermingham
Robert L. Morrison
Contact Information
17383 Sunset Blvd.
Suite 140
Pacific Palisades, CA
310 459-9676