It would have been interesting to see how the value of two food celebrities’ restaurants would have played out in their separate high-profile divorce cases, but both cases have now been settled. Bobby Flay and Giada De Laurentiis have announced settlements in their divorces with their respective spouses. Flay’s ex-wife had argued that she was the reason he became wildly successful with his TV shows, cookbooks, and restaurants, which include Bar Americain, Bobby Flay Steak, and Mesa Grill. DeLaurentiis owns the GIADA eatery in Las Vegas. Interestingly, recent reports imply that Flay and DeLaurentiis are linked romantically.
Of course, not all cases end up settling, and the value of a restaurant can often be a bone of contention, whether for a divorce or other matter. Tomorrow (October 15), tune in to BVR’s webinar, Valuing Full-Service Restaurants, presented by expert Lynton Kotzin (Kotzin Valuation Partners LLC).
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