Restaurateurs sell downtown restaurant and bar
A downtown restaurant and bar have been sold to a restaurant company.
Rockwell Republic in Grand Rapids, at 45 Division Ave. S, was purchased by Jeff Lobdell and his Restaurant Partners. The announcement was made yesterday.
Terms of the deal were not disclosed.
The previous owners, Dave Reinert and Paul Reinert, will concentrate on their Bridge Street NW business, O’Toole’s, and Butcher's Union, their new concept nearby at the former nightclub Monte's.
Lobdell said no changes are expected at Rockwell Republic, as its food and beverage programs are “tremendous.”
“Turnkey acquisitions of successful and well-established local favorites with a loyal guest base has been one of the most effective ways for me to grow my business,” Lobdell said in an email to the Business Journal.
“The guests, staff and community like the restaurant for what it is, and it's my job to be the caretaker of that establishment and continue to make sure the people get what they have come to enjoy when they visit the restaurant.”
Lobdell said Rockwell Republic will benefit from the restaurant company’s overall systems and marketing.
“This is a wonderful marriage of a great restaurant company with a great restaurant brand,” he said.
Lobdell added he hopes to bring some of the positives from Rockwell Republic to his other establishments.
Lobdell is president and founder of Grand Rapids-based Restaurant Partners, which operates nine brands and 18 locations in the Grand Rapids area and Traverse City: Sundance Grill & Bar, Beltline Bar, El Barrio, The Omelette Shoppe, Grand Coney, Bagel Beanery, Red Geranium, Boone’s Prime Time Pub and Flap Jack Shack.