Cakes & Ale w/ Adjacent Bakery Cafe Leased – Historic Decatur Square

by Steven Josovitz

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Cakes & Ale w/Adjacent Bakery Cafe on Historic Decatur Square has been leased. The Shumacher Group, Inc. and Steve Josovitz represented former Tenant Billy Allin of Cakes & Ale in the sale of assets.

Atlanta Eater news piece on the Buyer and new Tenant Chef Terry Koval of the Wrecking Bar Brewpub and Jenn Koval selected by Landlord can be seen below.

Seller Info:

Located 155 Sycamore St, Decatur, GA 30030.

Fully Equipped Turnkey.

$1.6M Buildout.

State of the art kitchen.

5,000/sf Restaurant and Bar.

1600/sf adjacent and connected Cafe.

Outdoor seating wraps around front and side of space.

Seats up to 110 with a beautiful bar.

Patio seats 24.

Cafe seats 26.

Sales have reached almost $2,000,000.

Seller closed the doors to focus on other restaurant and bakery businesses including Proof Bakeshop and Bread & Butterfly.

Click Here for Atlanta Eater Article on Transaction

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