Market Restaurant

What Market Restaurant does

Market Restaurant + Bar is a privately held fine-dining restaurant and sushi lounge operating at 3702 Via De La Valle in Del Mar, California. Founded in 2006 by Chef Carl Schroeder, it serves local residents and visitors with evening dinner service, Japanese-influenced sushi and American fine-dining dishes, cocktails and light bar fare, and a wine program. The legal entity is Blackhorse Grille LLC; under new ownership in 2025, opening-team member John Thompson became Executive Chef.

The restaurant's technology use is operational rather than proprietary. It uses OpenTable and Resy for online bookings, Toasttab for digital gift cards, and PayPal as a third-party payment processor. Its website provides menus, restaurant information, team details, and reservation links, while Instagram supports food and venue presentation. No mobile app, API, SDK, or proprietary technology platform is disclosed.

Revenue is generated primarily through one-time, per-dish and per-drink sales to individual consumers at the single Del Mar location, supplemented by digital gift-card sales. Distribution is predominantly direct dine-in service, with website content, organic Instagram activity, and online reservation links supporting customer acquisition. No named corporate customers, enterprise contracts, menu prices, or financial results are disclosed.

Name

Market Restaurant

Legal name

Blackhorse Grille LLC

Website

https://marketdelmar.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Market Restaurant + Bar is a privately held fine-dining restaurant and sushi lounge in Del Mar, California, serving local residents and visitors through dinner, bar, wine, reservation, and digital gift-card offerings.

Ownership category

akta.pro rank

Product category

Fine Dining Restaurant

NAICS

Full-Service Restaurants (722511), Restaurants and Other Eating Places (72251)

SIC

Retail-Eating & Drinking Places (5810), Retail-Eating Places (5812)

akta.pro primary industry

Fine Dining Restaurants (THAFACAA)

Keywords

• Fine dining restaurant
• Sushi lounge service
• Craft cocktails bar
• Curated wine program
• Dinner reservations venue

Headquarters

HQ city

Chattanooga, Tennessee

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Dine-in Restaurant Service: Revenue generated from food and beverage sales during dinner service. The restaurant serves dinner menu items including sushi and regular dinner offerings, along with bar and lounge beverages and wine.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

Market Restaurant + Bar operates a single fine dining venue in Del Mar, California, serving evening dinner with an American menu, a dedicated sushi lounge, a full bar and lounge beverage program, and a curated wine list. The restaurant accepts reservations through OpenTable (and Resy) and sells digital gift cards through ToastTab, generating revenue primarily through in-person food and beverage sales during dinner service hours.

Product overview

Market Restaurant + Bar is a restaurant venue based in Del Mar, CA, operated by Blackhorse Grille LLC. The restaurant offers an evening dining experience with dinner service featuring a dinner menu and sushi lounge, a bar and lounge area, and an extensive wine selection. The venue provides restaurant reservations through OpenTable and Resy, and offers digital gift cards through ToastTab.

Differentiator

Problem solved

Functional benefit

Products and services

• Dinner Menu
• Bar & Lounge Menu
• Wine List Curated wine selection and beverage offerings available to diners, presented as a dedicated wine list on the restaurant website.
• Digital Gift Cards Digital gift cards purchasable online through the ToastTab platform for redemption at Market Restaurant + Bar.
• Restaurant Reservations Reservation booking service for dining at the Del Mar venue, available through OpenTable (primary) and Resy (referenced in privacy policy).

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Partnerships

Two partnerships are on record, tiered core.

• OpenTablecoreChannel Partner/ Reseller/ DistributorOpenTable provides the online reservation system for Market Restaurant + Bar. Guests can book tables through the OpenTable platform with direct links from the restaurant's website.
• ToasttabcoreChannel Partner/ Reseller/ DistributorToasttab provides the digital gift card platform for Market Restaurant + Bar. Guests can purchase digital gift cards through Toasttab's e-commerce platform.

Scale indicators1 record

Recent moves3 records

Expansion highlights1 record

Direct peers

• Herringbone La Jolla: Trendy upscale seafood-driven restaurant in La Jolla. Comparable given San Diego County coastal location, premium dinner positioning, full bar program, and emphasis on design-driven dining experience.
• Addison Restaurant: Michelin-starred fine dining destination in San Diego. Comparable as a high-end tasting-menu-driven restaurant in the same San Diego County trade area targeting similar affluent diners and special-occasion guests.
• Born & Raised: Upscale steakhouse in San Diego's Little Italy. Comparable as a premium, reservation-driven dinner-only venue in San Diego targeting similar high-spending diners seeking a full bar and curated experience.
• Pamplemousse Grille: Long-standing upscale fine dining restaurant also located in Del Mar, CA. Directly comparable given shared trade area, similar fine dining positioning, comparable dinner-only hours, and overlapping affluent customer base.
• George's at the Cove: Iconic coastal California fine dining restaurant in La Jolla. Comparable given coastal Southern California location, similar premium positioning, ocean-view dining experience, and shared target clientele.
• Whisknlad Handcrafted Spirits & Kitchen: Chef-driven restaurant and craft cocktail destination in San Diego's La Jolla. Comparable given emphasis on a credentialed culinary team, premium bar program, and fine dining positioning in the same trade area.

Regional players

• Jake's Del Mar: Casual-upscale beachfront restaurant in Del Mar. Comparable as a direct Del Mar dining competitor sharing the same affluent coastal trade area, though positioned slightly below Market's fine dining tier.
• Brigantine Restaurants: Multi-unit San Diego coastal restaurant group. Comparable as a regional San Diego dining operator with established locations serving similar coastal Southern California clientele, illustrating the multi-unit operating model Market could pursue.
• Stake Chophouse & Bar: Upscale chophouse in Coronado, San Diego County. Comparable as a high-end dinner-only steakhouse and bar targeting affluent diners in the broader San Diego County market.

Emerging players

• Sushi Ota: Highly regarded sushi restaurant in San Diego. Comparable as an upscale sushi-focused venue serving San Diego diners seeking premium Japanese cuisine, intersecting with Market's sushi lounge offering.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Instagraminstagram.com/MarketDelMar
• LinkedInlinkedin.com/company/market-restaurant

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Market Restaurant