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                                                                   EXHIBIT 10.62

                     ASSIGNMENT OF TRADEMARKS, SERVICE MARKS
                            AND REGISTRATIONS THEREOF


         WHEREAS, Sea View Restaurants, Inc., a California corporation having
offices at 17383 Sunset Boulevard, Suite 140, Pacific Palisades, California
90272 (hereafter "ASSIGNOR") owns all rights, title and interests in the
unregistered trademark and service mark identified in Exhibit A and incorporated
herein by reference (hereafter the "Unregistered Marks") as well as the
trademark and service marks and the United States and California registrations
thereof identified below (hereafter the "Registered Marks" and "Registrations"
respectively) along with the goodwill of the business appurtenant to the
Unregistered Marks and Registered Marks:

<TABLE>
<CAPTION>
      TYPE         TRADEMARK/SERVICE MARK             REGISTRATION NO.         REGISTRATION DATE
      ----         ----------------------             ----------------         -----------------
<S>                <C>                                <C>                      <C>
      U.S.         G (stylized)                          1,477,188                  02/16/88

      U.S.         GLADSTONE'S 4 FISH                    1,426,956                  01/27/87
                   (and Design)

      U.S.         GLADSTONE'S                           1,337,282                  05/21/85
                   (stylized)

      Cal.         GLADSTONE'S                              21,915                  01/10/85

      Cal.         GLADSTONE'S 4 FISH                       24,923                  11/07/85

</TABLE>

         AND WHEREAS, California Beach Restaurants, Inc., a California
corporation, with offices at 17383 Sunset Boulevard, Suite 140, Pacific
Palisades, California 90272 (hereafter "ASSIGNEE") is desirous of acquiring from
ASSIGNOR the entire rights, title and interests in and to the above-identified
Unregistered Marks and Registered Marks and Registrations, together with the
goodwill of the business pertaining thereto, and said ASSIGNOR is willing to
assign the 


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above-identified Unregistered Marks and Registered Marks and Registrations and
associated goodwill to ASSIGNEE.

         NOW THEREFORE, TO WHOM IT MAY CONCERN, be it known by these presents
that for good and valuable consideration, the receipt and adequacy of which are
hereby acknowledged, ASSIGNOR does hereby sell, assign, transfer, and quit claim
unto ASSIGNEE, its successors, assigns and legal representatives, the full and
entire rights, titles and interests in and to the Unregistered Marks and
Registered Marks and Registrations identified hereinabove and in Exhibit A, and
the attendant goodwill symbolized thereby, the same to vest in ASSIGNEE
immediately.

         Further, ASSIGNOR hereby agrees that ASSIGNEE shall have the right to
record this instrument of assignment as appropriate with the United States
Patent and Trademark Office and the Secretary of State of California so as to
establish ASSIGNEE as owner of record of the Registered Marks and Registrations.

         ASSIGNOR further agrees to execute and have executed all documents of
any kind whatsoever, and to provide whatever information may be required to
carry out the form and intent of this Assignment for and at the request of
ASSIGNEE and without charge or cost to ASSIGNEE, to enable ASSIGNEE to file with
the United States Patent and Trademark Office, and to enable the Patent and
Trademark Office to duly record, this instrument of assignment whereby the
Registered Marks and Registrations are assigned to ASSIGNEE.


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         ASSIGNOR hereby represents and warrants that (i) it is the sole owner
of the Unregistered Marks, of the Registered Marks and Registrations thereof,
and the goodwill associated therewith; (ii) it is not aware of any third party
who has asserted a claim of any ownership right, title or interest in the
Unregistered Marks or Registered Marks, or any other rights or interests therein
which are adverse to those of ASSIGNOR; (iii) the United States registrations
are not the subject of any cancellation proceedings in the United States Patent
and Trademark Office; (iv) there are no prior assignments, licenses or other
transfers of the Unregistered Marks or Registered Marks or Registrations; (v)
none of the Unregistered Marks or Registered Marks or Registrations is
encumbered or subject to any lien or charge; (vi) ASSIGNOR is free to make the
present assignment; and (vii) ASSIGNOR is under no legal obligation or prior
commitment which is inconsistent with this Assignment.

         IN WITNESS WHEREOF, ASSIGNOR and ASSIGNEE have caused this instrument
to be executed by a duly authorized corporate officer.

                                        SEA VIEW RESTAURANTS, INC.
                                        ("ASSIGNOR")


Date: October 30, 1997                  By: /s/
                                           -------------------------------------
                                        Name:
                                        Title:



Date: October 30, 1997                  CALIFORNIA BEACH RESTAURANTS, INC.
                                        ("ASSIGNEE")

                                        By: /s/
                                           -------------------------------------
                                        Name:
                                        Title:


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                                    EXHIBIT A



G (STYLIZED AND DESIGN)

         Services -- for restaurant services



G (STYLIZED AND DESIGN)

         Goods -- clothing, namely, t-shirts, caps; glass products, namely, mugs
         and drinking glasses; and beach towels.


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