New owners of Sequoia Diner vow to preserve what customers already love'
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New owners of Sequoia Diner vow to preserve what customers already love'
"For starters, there was the physical and mental toll of running a restaurant for 10 years. It was a good run, but my body's all messed up now, he said. I realized that I was sort of sacrificing my health and well-being for the sake of the business. And I really want to spend more time with my son. This opportunity came along, and it was a really hard decision to make."
"The old paradigms of running a restaurant, he said, don't apply anymore, and operating on razor-thin margins added pressure to his day-to-day operations. When you work at a restaurant, if it's slow, it's like, maybe I'll go home early. But when you own the business, it's just a different level of stress, he said. A couple of slow days can really make the difference between making money on the day or on the year."
Sequoia Diner, a decade-old East Bay breakfast spot, is in escrow for sale and will reopen under new owners by mid- to late February. Owner Andrew Vennari cited a decade of physical and mental toll, worsening health, a desire to spend more time with his son, and ballooning costs as reasons for selling. Vennari said old restaurant paradigms no longer apply and razor-thin margins increased daily stress, where a few slow days can determine annual profitability. The buyer, Third Vision, operates Solano Junction and Fandee's. A change of ownership preserves neighborhood service amid frequent Oakland restaurant closures.
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