Shumacher Sells Castaway’s!

by Steven Josovitz

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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)

Buford, GA 30518
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