#1023

This Midtown Atlanta Tavern, Sports Bar Restaurant, Lounge, Bar and Nightclub is open, operating and available for sale. Freestanding 3250/sf with tons of free parking. Seating for over a 100 with three patios, game and billiard room and gorgeous bar. Owner less then a year ago spent over $700,000 on a brand new stunning build out and sparred no expense including all brand new wood everywhere, lighting, 17 TV’s, 20′ TV, state of the art sound system, brand new bathrooms with granite and marble countertops, designer lighting, office, sale staff office, storerooms, and a fully equipped kitchen that can handle any menu or volume. Monthly rent at $12,800 includes all extras. Owner has other business interest and does not have the necessary time to devote to this business thus reason for sale. Keep as is or convert to any full service upscale or casual concept.

Priced at $85,000.

#1048

FIVE GUYS Burgers and Fries is the hottest franchise opportunity in years and only getting hotter.  The Unites States is sold out and the only way to get into a Five Guys is to buy an existing business. Offered exclusively is a two-unit group  in great residential Metro Atlanta suburban location with the rights to build up to one more unit.  Almost $500,000 was spent on each unit built to company specs. Units are 2180/sf and the second is 2475/sf with seating up to 100.  Both units have long term leases with options to renew. Unit one rental rate is $6800 per month which includes all extras. Rental rate for unit two is $4500 per month including all extras. Gross sales for unit one  in 2010 was  $950,000 on the books with a net of $108,000 after paying full management team and all expenses. 2011 gross sales for unit one was $935,794.60 with a 15% net profit to absentee owner.  Gross sales for unit two in 2010 was  $503,754 on the books and $537,722.09 for 2011 with making 15% net profit after paying all expenses including a family manager $45,000 per year for managing unit two. Both units have incredible room for growth with a hands on owner operating that truly worked with the community.

Priced at $695,000

Some FIVE GUYS Burger and Fries info:

The Five Guys’ menu is centered on hamburgers, with several other options available. The hamburgers are divided into a “regular” burger, which consists of two beef patties, and a “little” burger that has only one patty. Both burgers are offered with American cheese, bacon, or a combination of the two for an additional charge. All other toppings are included at no additional charge. These toppings consist of: mayo, mustard, ketchup, relish, onion, lettuce, pickle, tomato, green pepper, jalapeño, grilled onion, and grilled mushrooms. Sauces include BBQ, hot sauce and A1.

The menu also includes kosher-style hot dogs, available with cheese and bacon, and grilled cheese andvegetable sandwiches (which, it should be noted, are simply the toppings they offer for free, on a bun). There is only one side item, fresh-cut French fries served boardwalk-style and fried in pure peanut oil. The French fries come in two sizes and two varieties, regular “Five Guys style” or “Cajun” style. Most locations offer free in-the-shell peanuts for patrons to eat while they wait for their food to be cooked.

#1056

Iron Horse Restaurant is located at 402 Argonne Terrace Canton, Georgia 30115.  Iron Horse Restaurant is located off Hwy 140 in front of Harmony at the Lakes in the beautiful middle to hi income Canton enclave of Holly Springs. End-cap space is 1260/sf . Seating for 30 inside with a 12-Seat flu service bar and 36-seat outdoor patio. This restaurant comes fully equipped to handle any cuisine or concept . Current concept is a dinner only upscale casual steakhouse. Current sales according to Owner are doing $25,000 per month.  Owner did not apply for a liquor license and restaurant only offers BYOB. Just added beer and wine which is already adding revenues. This space is perfect for any casual restaurant and or bar with only slight tweaking especially as a bar, grill, tavern, sports bar, Mexican, Asian, sandwich, cafe, coffee, desert, etc. Long term lease with great Landlord at $$2,079 per month with CAM at $373.35.

Priced at $45,000.

(This is an Open and Operating Business. Please do not make any attempt to contact Staff, Management, and or Ownership. Documentation and Inspections will be provided upon request)

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#1090

This Downtown Decatur opportunity is for the sale of a full service casual restaurant. Located in the heart of Historic Downtown Decatur with great street frontage, visibility with beautiful patio which is so popular. Space is 3100/sf. Restaurant  is fully equipped, state of the art and in mint condition and turnkey for any concept. Keep as is or convert but due to confidentiality we cannot disclose the cuisine . Restaurant has alcohol license. Plenty of dedicated parking which almost no restaurant in Decatur can boast.  Seats almost a 100 with full bar and large outdoor patio. Long term lease at $7600 per month which includes $1,000 for some Landlord owned assets. Restaurant makes money.

John Kessler of the AJC in his Sunday October 30, 2011 cover story raves that Decatur is now Atlanta’s hottest dining destination.

Priced at $120,000 with Owner financing options!

#1089

For sale is a well established children’s indoor playground. Super hi traffic Metro Atlanta Suburban location surrounded by thousands of homes and apartment residences with great visibility anchored by big highway billboard. Almost $200,000 was spent to open the doors that includes tons of inflatable’s and kids games and private party rooms. Cafe serves food and drinks and has 100 health department score. Below market rent at $5300 per month includes all extras. Great lease with a little time left on primary term with two-five year options to renew.

Priced at $250,000.

Some Seller Points of Interest:

Facility:

• Facility 100% functional and ready-to-operate
• Includes high-quality, play equipment in excellent condition – inflatable’s, air hockey, basketball, play houses, large toys, safety mats and all other necessary safety equipment
• Large, furnished party rooms that allow plenty of space for both children and adults
• Attractive café/concession area with seating.  Current menu offers full range of kid foods and bistro-style offerings for adults.
• Full kitchen, 100% operational and completely equipped, maintained in perfect condition with highest possible score from health department
• Equipped with state-of-the-art security monitoring system
• Sound system installed
• Includes office furnishings
• Good flooring (carpet and tile), good lighting, excellent heating and a/c system
• Entire facility has been meticulously maintained
• Cheerful décor that is inviting for kids and adults
• Shopping center parking lot with more than enough spaces
• Very low rent with flexible terms
• Marquis sign on main road has space for pylon sign
• Pedestrian area and parking lot cleaned daily by shopping center owner
• Low water bill, terms negotiated by current business owner

Location:

• Located in a store-front space in a high-traffic shopping center
• Shopping center is right off of major artery leading to highway and close to other high-volume shopping area
• Very close proximity to schools and family neighborhoods

Marketing:

• Regular customer base already established and growing
• Established relationships with schools, preschools and daycares in the community with enormous potential to grow
• $$$ Spent on marketing the location (Living Social, Groupon, DoubleTakeDeal, 6 billboards in high-traffic areas, Mundo Hispanico publication, monthly newsletter as well as direct marketing to area schools, daycares, churches and preschools)
• Environmentally friendly – all walls painted with 100% non-voc paint and all high-quality, lead-free inflatable’s

#1088

Ippolito’s Italian Restaurant at 3523 Braselton Highway, Dacula, GA 30019 is closed and available. This Metro Atlanta Suburban Italian Restaurant, Pizzeria and Bar had grossed $120,000 per month with an absentee owner who has a full staff in place. Restaurant currently broke even after paying all expenses, a full staff  plus two managers and a executive chef.  No expense was sparred in creating a stunning restaurant and bar. Space is 4800/sf with seating for 190 which includes a a 50 seat private dining room and 15 seat bar. Outdoor patio seats 35. Long term lease at $7500 which includes all extras might be negotiable . Six years remain on current lease with two-five year options to renew. Travel time and distance from other restaurants stopped Seller from being more hands on and building business.  This is not a sale of an Ippolito’s but the sale of a fully equipped turnkey restaurant convertible to almost any concept with only minor cosmetic work needed to suite individual tastes.

Priced at $295,000. Owner and Bank will look at all offers.

Click here to download the equipment list

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#1087

This visually stunning and highly regarded Atlanta in-town nightlife mainstay has been a must-see night spot for locals, tourists, athletes and celebrities. Recently featured and filmed in 3 different network TV shows in 2011.

This super hot location, located in the heart of the city, draws from Buckhead, Midtown, Downtown and the Perimeter — all affluent socially active middle to hi-income and hi-density areas. Also, the venues close proximity to: in town retail, restaurants, office high rises, hotels, convention centers, stadiums, concert halls and museums provides additional exposure and revenue streams.

This state of the art build-out and design originally costs just under $1,500,000 with no expense sparred to create one of Atlanta’s truly unique and one-of-a-kind nightlife icons. Recently the owner invested another $400,000 in a new renovation and upgrades to stay fresh, exciting and ahead of the curve. New upgrades include an all new state of the art turbo sound system, upgraded HVAC and refrigeration.

Club features include five stations for bartenders, seven vip sections, well designed restrooms, 3 powerful air purifiers cleaning out 6,000 cubic feet per minute, 6 POS terminals, city permitted valet (under the clubs name & not valet company), ample covered/secured guest parking, bistro style kitchen, DJ booth, custom lighting throughout along with a unique architectural design and acclaimed decor.

Advantageous below market rental rate on a long term and assumable lease at only $6000 per month. Triple net (CAM, insurance and real estate taxes) totals around $1000. Electricity for space runs $900 per month.

Owner pulled out $250,000 in 2010, while paying GM $52,000, Bar Manager $20,000 and all staff expenses. Owner has other interests and businesses in which he is involved. A new full time hands owner/management team with a strong marketing and promotions plan could dramatically increase sales. 2011 sales exceeded $1,000,000. 2012 is tracking the same as 2011.

The venues desirable location also affords growth opportunities with corporate parties, conventions, after work mixers, etc. — greatly boosting top line sales and profit.

This venue is established, operating and turn-key ready for a new owner. Priced at $495,000 OBO with possibility of owner financing options to a qualified buyer.

#1086

For sale is a franchise BBQ restaurant from very well respected national company. The local absentee Owner recently spent $200,000 to open the doors and spared no expense or cut corners. Space is 1600/sf with seating for 42. Monthly rental rate is $3300 includes all extras. Business is doing up to $52,000 per month in net sales with zero advertising and netting up to $11,000 per month to absentee Owner after paying all expenses and Manager $600 per week. Restaurant sales are increasing each month with sale in February jumping to $55,000 and $60,000 alone for March 2012 with a net of $7300 on profit and loss statement.  Owner would have pulled out $9,300 if equipment lease was paid off. Adding a patio, beer and wine with some hands-on ownership could dramatically increase sales and profit.  Nice Metro Atlanta Suburban location with excellent lunch traffic near colleges and tons of middle to hi income residences.

Priced at $199,000 with Owner financing options available.

Survey says metro Atlanta restaurant sales up in fourth quarter, full year of 2011

By Leon Stafford

The Atlanta Journal-Constitution

Business is looking up for metro Atlanta restaurants.

Same store sales were up 4.7 percent in the fourth quarter of 2011 over the same period in 2010, according to NetFinancials, an Atlanta company that offers tax and accounting services for restaurant companies. For the full year, metro restaurants saw a 6.25 percent rise compared to 2010.

The fourth quarter 2011 growth, however, was slower than the uptick during the first three quarters, when sales increased 5.3 percent, 7.2 percent and 6.4 percent respectively compared to 2010.

“Though consumers faced daunting economic worries in 2011, Atlanta’s restaurants managed to post impressive sales gains,” said Robert Wagner, NetFinancials president. “It is remarkable that almost 90 percent of Atlanta restaurants we surveyed revealed positive sales gains in 2011. Clearly the industry is as vibrant and relevant as ever and, we think, poised for solid growth in 2012.”

Some of the sales improvements have come from higher menu prices as restaurants, facing higher commodities costs, have passed on the increases. But operators been reticent to raise prices too much to avoid risking losing customers.

NetFinancials surveyed 71 independent metro Atlanta restaurants for the report. Of those, 78 percent had positive sales increases in the fourth quarter of 2011 while 22 percent saw their numbers fall. One-fourth of those with sales gains reported double-digit increases in the fourth quarter.

Total sales volume for the fourth quarter was about $39 million and $152 million for the year.

Restaurant operators said the improved sales were a result of more customers and larger check averages, Wagner said. The surge was felt across all sectors — fast-casual, casual and fine dining.

Karen Bremer, executive director of the Georgia Restaurant Association, said restaurateurs that she has spoken with are cautiously optimistic about the numbers. While they are pleased to see more foot traffic and bigger receipts, they remain concerned about the potential impact that continued troubles in Europe and the presidential race could have on the economy as well as customers’ willingness to keep their pocketbooks open.

#1085

Located in the heart of Johns Creek  ( Duluth ) this restaurant and bar has super frontage and visibility on hi traffic Medlock Bridge road. Incredible middle to very hi demographics, several country clubs, anchored shopping centers, restaurants, business and thousands of homes makes for an all day everyday location. 6,000/sf with tons of parking. Owner has 400 chairs and has sat 400 for special events. Current configuration is 175 main in the dining room, two private dining rooms seeing 80/100, and full service bar seating up to 15. Long term lease at $8500 includes water, cam, taxes and insurance. This is a million dollar buildout that is stunning and turnkey for any full service or casual concept with almost nothing needed except cosmetic decorations or keep as is.  This is also a caterers dream as the kitchen is spacious and has everything to produce at any volumed including exhibition open kitchen with 24/ft hood and prep kitchen with 12/ft hood. Sales and profit will be provided upon request.

Priced at $165,000. Owner will consider some financing.

#1084

The Stockton House  is located at 787 Warwoman Road, Clayton, GA 30525 in the North Georgia Mountains with the most stunning mountain vistas. The Stockton House in Clayton is on 2.2 acres is freestanding and seats 150 plus a 50 seat deck and 20 seat full service bar. Currently opened for dinner only Tuesday to Saturday 5:00 PM -9:00 PM. Adding additional shifts, lunch and Sunday Brunch and a experienced owner/chef operator team could dramatically increase sales. Sales  in 2001 was $700,000 with owner pulling out almost $70,000 on six days serving lunch and dinner. In 2012 Owner has cut back five nights and with zero advertising and effort does $28,000 to $30,000 per month and is breaking even.

Additional Info:

Restaurant, Full Service Bar and Rental Suites Anchored by the Blue Ridge Mountains and located less than one mile from downtown Clayton, Georgia is a tranquil respite offering gourmet dining at its casual best. The Stockton House is a Rabun County tradition and is hailed by many local residents as the best restaurant in the area and our vacation rental suites have been providing quiet, comfortable accommodations for over 21 years. It’s been said Rabun County is where spring goes to spend the summer and from the vast acreage of the Chattahoochee National Forest to the three state parks at Black Rock Mountain, Moccasin Creek and Tallulah Gorge. Rabun County offers something for everyone. Stockton House Restaurant is owned by John and Joann Pierce of Clayton, Ga., and Dave and Kathy Heitz of Sylva, NC. John and Joann are from Tampa Florida and initially moved to Clayton to retire and enjoy the slower pace of life. That lifestyle was great for a couple of years until John discovered The Stockton House property was for sale. Having been in the restaurant and lounge business in Florida, John was ready to hang up retirement and get back to work. The rest is history. Joann, having never been in the restaurant business, had no idea what she was getting into, but The Stockton House has been open over five years under their management. John oversees the bookkeeping end of the business and Joann likes to make sure the customers are greeted and made to feel at home. Joann says, “The Stockton House is like an extension of our home and we want everyone to feel welcome.” Southern hospitality comes natural for them, and they want their customers to experience that along with the great food. The Stockton House has undergone some extensive remodeling in the past five years. A new dining room addition was added two years ago, and this past winter, a new outdoor dining deck was added. This summer the new deck will be home to live entertainment on the weekends; some wine dinners are going to be scheduled along with outdoor grilling events and also a few cooking classes.

Priced at $795,000 which includes real estate, fully equipped operating restaurant and six residential units. Owner with a $25,000 deposit will lease restaurant and business for $3200 per month plus taxes, insurance, and utilities.

      This Week on The Street    April 23, 2012

  (A more or less regular compilation of news, factoids and observations.)

By Harold V. Shumacher

Is the recession over? Based on the growing number of  “now hiring”  signs spotted around metro Atlanta the inclination is to say yes. Following a period of three or so years where there were few publicly advertised jobs available,  it’s becoming increasingly commonplace to see restaurants  and retailers reaching out for staff.  New home construction, while a trickle of what it was in the mid 2000’s is showing an increase as are the number of apartments under construction or contemplated.

On the retail front several major projects continue to inch slowly forward, most notably Buckhead Atlanta now slated for full bore construction in the second quarter. Nearby Lenox and Phipps Plaza (both owned by The Simon company) are actively pursuing plans to re-do their respective front doors. Next door neighbor Around Lenox has already spruced up its look and is now anchored by a recently re-located Crate and Barrel.

Atlantic Station continues to add to its line-up of new tenants, most recently California-based Yard House which just opened and plans continue for North American Properties  newest project Avalon in Alpharetta (the former Prospect Park project.) Wal-Mart has nearly a dozen of their neighborhood grocery concepts in actual or the pre-development stage and other retailers continue their growth. It will be interesting to see the mood at this year’s International Council of Shopping Center’s annual trade show (RECON) to be held in Las Vegas May 19-23.

The recent spate of activity may look good locally but on the international front Atlanta has a long ways to go.  According to Shopping Centers Today, five cities are currently attracting 25 percent  of the world’s real estate investment; London, Tokyo, New York, Hong Kong and Paris..  Close behind Bejiing, Shanghai, Moscow and San Paulo.  By 2040 this list will even tilt even heavier toward the BRIC cities (Brazil, Russia, China and India) as those countries are expected to dominate the next two decades in terms of real and percentage growth.

Closer to home several new restaurants have made recent appearances.  STG, from the owners of Bocado is off to a strong start in Buckhead  with its pizza and pasta line up as is nearby Fuoco di Napoli,  a spin on Antico Pizza.  The Antico Pizza tree continues to blossom with the announced opening of  Ammazza on Edgewood Avenue with a similar brick oven and open seating approach from brother Hugh and James Connerty. Other openings in the works include a new Zoe’s,  East Cobb: Czar Ice Bar  and Village Tap (in the former Shane’s Rib Shack), F&B Buckhead;  Ichiban Steak House, at long time Cheshire Bridge mainstay Franco’s Pizza; Proof and Provisions Bar, at the Georgian Terrace and Bantum and Biddy (from chef Shaun Doty) both   Midtown.

Spotted….Eat Beef, the west wasn’t won by salad eaters.

Factoid…The Kiplinger Newsletter reports that 9.6 million trees are sacrificed annually for the paper needed to run the world’s business. The prediction more and more electronic communication.

What’s America’s favorite brand of chocolate?  According to 24/7 Wall Street  and Symphony IRI Group,  more of us are inclined to select a Snicker’s bar when a craving occurs. Close behind M&M’s, Reese’s, Hershey’s and Kit Kat. Of the top 10 brands all are manufactured by either Mars, Inc. or The Hershey Company.

And finally, staying on the sweet front.  Midtown’s Sublime Doughnuts was named Bake Magazine’s pick for America’s best bakery 2012.  A great stop if you’ve never been.

            Recent Transactions for the Shumacher Group include

            Lease of former Craft Restaurant Space (Peachtree Road) to Del Frisco Grille

            Lease of Castaways at Lake Lanier

            Lease of Former Mrs. Winner’s Barrett Lakes Parkway to Taco Bell

            Sale of former Decatur Diner  

            Sale of Two Dads Pizza (Canton) to Romeo’s N.Y. Pizza.

            Sale of Pizza Vito (Alpharetta) to Romeo’s N.Y. Pizza 

#980

Historic Woodbridge Inn & Restaurant – Jasper/North GA Mountains – RE Included! The Ultimate “live, work and play” location anywhere affording a stress free lifestyle .

The Woodbridge Inn Restaurant & Lodge is located in the foothills of the Blue Ridge Mountains at 44 Chambers Street, Jasper, Georgia 30143. Located just 60 miles from Atlanta. The Woodbridge Inn Restaurant is North Georgia’s Dining Destination as well as catering for your event. The Woodbridge Inn Lodge has scenic views of the mountains is located in the heart of  historic downtown Jasper for shopping and art. Hotel opened in the 1880′s with new Owner in 1976 who transformed it into the dining and lodging destination in North Georgia. $65,000 was recently spent on improvements that include brand new hardwood floors, paint,  carpet in addition to an overall sprucing up.

The Woodbridge Inn features 18 guest rooms. Guest rooms overlook the scenic Blue Ridge mountains, as well as the Inn’s magnificent grounds (featuring two ornamental fish ponds and immaculate landscaping). All rooms are equipped with wireless high-speed internet. Property is 2.48 acres with main 6 room lodge and restaurant, green house, pool, gardens, computerized reservations system, outdoor decks with mountain vistas, spacious parking lot, 12-room adjacent lodge, famous designer marble sculptures, and stunning wooden bridge, marble obelisk and water tower that greet guests as they pull up to Inn.

The restaurant is critically acclaimed and has been featured on the Food Network. Incredible full service continental regional cuisine menu seats 100 and has private dining rooms. Fully equipped kitchen can pump out any volume and any cuisine. Just a few feet from kitchen is a chefs dream a ” gardens and a greenhouse”. The restaurant accounts for about 65% of overall sales of business that is currently operated on limited hours. Micros is POS system. Restaurant and lodge brought in $500,000 and was profitable after paying a Chef and Manager and all expenses. A full time hands on Owner Operator could dramatically increase sales and profit with expanded hours and marketing.

Serious health issues of owner and out of state trips for treatment forces sale. Owner who is a critically acclaimed chef , published author and celebrity TV chef is unable to operate business any longer and is very motivated to sell and will review all offers. Last appraisal came in way higher then listed price. Priced at $1,000,000 OBO lock, stock and barrel and includes all assets and property of  Woodbridge Inn & Restaurant. Owner is motivated and and will review all reasonable offers including some Owner financing. 

(This is an Open and Operating Business. Please do not make any attempt to contact Staff, Management, and or Ownership. Documentation and Inspections will be provided upon request)

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#1083

Unit One:

This freestanding Savannah area  sports bar restaurant with billiards is fully equipped, fully staffed , managed, profitable and turn key.  Full support and training is included at no additional cost to Buyer. Freestanding 6,000/sf with seating for 200 plus separate bar and lounge room with live music stage that seats 100. Stand alone bar seats 20. 1.5 acre property has ample parking  of approximately 150 spaces. Long term below market lease at $6,000 per month with extra charges running $1200 per month. All equipment including two billiard tables, POS system, furniture, fixtures and equipment are all in excellent condition and newly renovated. 2010 sales ran $1,000,000 with 2011 sales increasing up to $125,000 per month with 2012 sales tracking the same. Owner pulled out $202,000 after paying all expenses and management salaries of almost $100,000 per year with everything on the books.

Unit Two:

This freestanding Statesboro area sports bar restaurant, bar with billiards is fully equipped, fully staffed , managed, profitable and turn key.  Located steps away from  GA Southern University and the Football Stadium surrounded by tons of residential apartment buildings with thousands of students and year round residents that pack restaurant. GA Southern University has approximately 22,000 students and growing by leaps and bounds. Full support and training is included at no additional cost to Buyer. 6,000/sf with seating for 220 plus 120 seat outdoor deck overlooking water. 40/ft stand alone bar. 3.1 acre property has ample parking. Long term below market lease at $7,650 per month with extra charges running $1000 per month. All equipment including two billiard tables, POS system, furniture, fixtures and equipment are all in excellent condition. 2011 sales ran $1,300,000 with 2012 sales tracking the same. Owner pulled out $150,000 after paying all expenses and management salaries with solid books and records to review.

Priced at $800,000,000 with Owner financing options or buy individually at $400,000 apiece. Unit two has real estate option at $1,200,000 plus the cost of business.

#1082

Freestanding 7700/sf on five acres with lakeside dining. Seating for almost 300 with full bar and tons of parking. Long term lease at $7500 ALL IN with real estate option to buy building and land on lake at $1,200,000 in addition to business purchase. Yearly sales at approximately $2,000,000 with net of $250,000 after paying full staff, rent and all expenses. Adding service on the day currently closed would dramatically increase sales.  This is a very unique opportunity to purchase a well established and popular restaurant with full staff in place for flawless transition with full training and support.

Priced at $750,000 with Owner financing!

#1081

This Metro Atlanta Suburban Gyro & Falafel Cafe makes money. Keep or convert as it has a full kitchen but it does have a full staff in place for easy transition. Owner will provide full training to buyer. Very easy operation with almost no learning curve. 1500/sf with seating for almost 70 including outdoor dining area. Rent is $2500 per month all in. Four years remain on primary term of lease with option to renew for an additional five years. Approximately $120,000 spent to open doors on build out, furniture, fixtures and equipment. Owner who only works at the cafe in limited capacity brings in approximately $35,000 to $40,000 per month and pulls out approximately $5,000 to $7,000 in addition to monthly salary of $3,000. Cafe serves beer and wine.

Priced at $99,000. Some Owner financing available.

#1053

Luckie Food Lounge is located at  375 Luckie St NW Atlanta, GA 30313.  This freestanding club, lounge, bar, restaurant, special events and live music venue is smack dab in the heart of all the downtown entertainment, sporting, office and hotel marketplace directly adjacent to and or steps from Centennial Olympic Park, GA Aquarium, GA Dome, Phillips Arena and CNN Center.

$6,200,000 was spent in July 2007 to create one of the most beautiful and state of the art venues seen in Atlanta. Features include:

14,000/sf  Approximate Size with 40-car parks onsite with 200 off site.

Covered entrance with revolving doors and covered walkways

60-seat VIP room with 1/2 inch glass enclosed and power doors with private outdoor separate entrances

Water purification system

Stunning wine storage in dining rooms

State of the art sound system

$100,000 DJ/production booths (2) with rubber floors and sound proofed

Solid walnut wood walls and ceilings

32 HD flat screens w/4-projectors, 80 speakers, turbo sound with crown and lab gruppen amps

32 camera DVR Video surveillance system

State of the art lighting including 30,000 LED lights everywhere including bars that can change the decor colors at will

Two 14′ x16′ billboards that is being converted at a cost of $300,00 to a Digital LED Sign that will be 14′x14′x6′ that is waiting approval from city.

90 Tons HVAC

$60,000 fish tank

Occupancy is 377 main level and 229 up with club hosting up to 1200 guests at any one time.

Fully equipped state of the art exhibition kitchen including $30,000 ceramic wood-stone pizza oven, tons of storage room and loading dock

3-bars: 65″, 45′ and 50′. Bars are all concrete and covered with solid walnut

Micros POS system with 15 stations

Tables tops are all 3″ solid bamboo or walnut

Large restrooms feature state of the art TV’s

Secure office, IT Room and command center with bathroom and hi end safes, money counters.

18′x9′ stage

Sky decks with 6-TV’s, bar, billiards, 6-cabana’s,  and seating for 229

VIP hand scanners

see floor plan at www.luckieevents.com

Sales reached approximately $4,516,76812 in 2008 without door charges but do to bad management and partnership sales dipped to $3.8 in 2009, 2,390,700.00 in 2010 with a net profit of $70,067.87 without door cover charges and after paying a previous non-operating partner who is out of state and not involved in operation but still entitled until sale to receive a fee. 2010 sales were on only on two nights a week. In 2011 Luckie was run by a management agreement with a famous entertainer and his management group with sales of $860,747.11 from January to September on two nights per week without covers. Operations and control have reverted back to original Owner who opened club and ran it absentee. Rental rate is $13,194 per month.

Price reduced by almost half to at $795,000 a “fraction” of start up costs which include all assets and rights to lease.   Keep as is or convert to any concept although a restaurant is required to be part of licensing at this location.

(This is an Open and Operating Business. Please do not make any attempt to contact Staff, Management, Vendors and or Ownership. Documentation and Inspections will be provided upon request)

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#997

Harold Shumacher and Steven Josovitz of The Shumcher Group, Inc leased the Mrs. Winner’s at 3240 Barrett Lakes Blvd NW, Kennesaw, GA 30144 to Taco Bell. The Shumacher Group, Inc. represented the property owner G.E. Capital in transaction.

Property Details:  Freestanding with drive thru.

Within 1/2 mile of Kennesaw State U-3rd largest university in Georgia. One minute from I-75 with expressway pole sign.

#1051

The Shumacher Group, Inc. sells the Decatur Diner located at 205 East Ponce De Leon Avenue, Decatur, GA 30030-3405 at Church Street in the heart of Downtown Decatur. The Shumacher Group, Inc. and Steven Josovitz represented the Seller Nahidul Khan in transaction. Irving Jacobson of The Shumacher Group, Inc. Co-Broker deal with Mr. Josovitz representing Buyers Mike Brocius. Mike plans are to convert space to a full service hi quality hi energy Mexican restaurant and bar with a street food twist and exciting patio service.

This business was just sold in October but new absentee owner has no full service experience and not capable of growing or manage business thus reason for sale. This is one of the hottest corners in all of Metro Atlanta with incredible visibility, frontage hi traffic car and foot traffic at the intersection of Church and Ponce.

John Kessler of the AJC in his Sunday October 30, 2011 cover story raves that Decatur is now Atlanta’s hottest dining destination. 3300/sf plus 1500/sf outdoor patio. Seating for 70 inside plus 60 outdoors.

The Shumacher Group, Inc sold Castaway’s Seafood Bar and Grill today . Castaway’s is located at the Holiday Marina at 6900 Lanier Islands Parkway, Buford, Georgia 30518. The Shumacher Group, Inc. and Steven Josovitz represented the Seller in this transaction.

Castaway’s is approximately 1400/sf with seating for 45 inside plus 90 seats outdoors overlooking Lake Lanier. Monthly rent at $2500 includes all extras. Previous seasons came in at monthly numbers at $80,000 August, $35,000 June/July and up to $108,000/$109,000 for September $47,000. Sales could be dramatically increased with marketing to the locals as current Owner does zero advertising and relies solely on marina business. All equipment, furniture and fixtures was all brand new in a new renovation done in 2011.  This is a great opportunity for someone who only wants a seasonal business open March to October.

Priced at 99,000 OBO with some Owner financing available.

More info:

The new Castaways Seafood Bar & Grill at Holiday on the lake will provide casual waterside dining while enjoying your stay at Holiday on Lake Lanier. Walk over from your dock or park your boat at the courtesy dock and enjoy some of the delectable food. Offering raw and steamed seafood, salads, sandwiches, entrees, such as seared tuna sashimi, Gulf Coast oysters and Cajun blackened Mahi Mahi. Also featuring seasonal seafood: crawfish, stone crabs and soft-shell crabs and a Full bar service .

Holiday Marina is located at the south end of Lake Lanier just outside of Lake Lanier Islands. It is the oldest marina and one of the largest on the lake.For over 53 years, Holiday has become synonymous with Lake Lanier and boating. One of the largest floating, inland marinas, Holiday Marina is equipped with almost 1300 wet slips – ranging from 22′ to 100′ in length and is the largest and closest marina to metro Atlanta.

Holiday  has a large number of special amenities which cater to the Lake Lanier boat owner. Some of the features include: Easily Accessible Fuel Dock,  Singleton Marine Service Center,  Singleton Marine Yacht Sales,  Ships Store,  Sailing Academy,  Boat Rentals and much more.

(This is an Open and Operating Business. Please do not make any attempt to contact Staff, Management, and or Ownership. Documentation and Inspections will be provided upon request)

#1065

Jagger’s Pizza is located at 1799 Briarcliff Rd NE, Atlanta, GA 30306. This pizzeria has been an Atlanta landmark for almost 30 years. Owner is re-locationg and will sell as is with name to be licensed or convert to any other pizza or casual quick service concept. 1707/sf with seating up to 32 but seating could be expanded to up to 100 seats in a remodel. Super visibility in hi traffic national supermarket chain (Kroger) anchored center close to all of Metro Atlanta, Midtown, Buckhead, Emory, Toco Hills, Decatur, Virginia Highland. Monthly rent at $2424.23 per month includes water and CAM. Yearly taxes are approximately $300. Owner breaks even on $244,000 with zero advertising and effort after paying three managers-cooks-drivers. Adding beer and wine would dramatically increase sales. Menu consists of pizza, sandwiches, salads and wings. Pizzeria has fully equipped 8/ft hooded kitchen with ovens, fryers, POS system, mixer and pizza ovens. Buyer can take over Sellers lien free LLC for smooth transition. Royalties will be 3% per month after sales of $7,000 per week if name is kept. Owner has stated that a Marta Station is going up directly across the street in full view of his location with a start of construction to commence in a year. This would add a tremendous pool of new potential customers to the mix.