The Shumacher Group, Inc. has sold The Drafting Table in Grant Park today. Steve Josovitz of The Shumacher Group, Inc. represented Seller in this transaction.
Some Info on Listing:
The Drafting Table is located at 349 Decatur St SE, Atlanta, GA 30312 at The Pencil Factory Lofts and Shops in Grant Park. Space which has over $400,000 in build out is stunning with a fully equipped state of the art kitchen. Keep as is or convert to any concept except Mexican, Chinese or Coffee House. Established August 2012. Super front and back of the house team in place that will make transition to new Owner effortless.
3500/sf with seating for 120, bar seating of 28 and 24 outdoors. 150-parking spaces to guests is a big plus. Monthly rent is $5900 including all extras until April 2014 and then goes up to $7600 per month including all extras. Lease has over five years left with option to renew for another five years.
Priced at $119,000 with 70% Owner financing to qualified Buyer. This is a full turnkey staffed opportunity but at this price and a Buyer only needing to put down 30% down Owner is not showing books and records other then expenses. Buyer to assume approximately $500 in monthly payments for some leased equipment which only has a few thousands dollars left to own outright.
Some Restaurant Info:
The Drafting Table, at the intersection of Hill Street and Decatur Street in
Grant Park, Atlanta, GA.
At The Drafting Table, we are interested in making delicious food, drawing from regional influences, using local ingredients, paired with regional and local brews and spirits,” says owner Doug Caylor.
Caylor has hired and transplanted some of the best industry staff throughout Atlanta. He has not only asked for their creative advice, but also implemented his employees’ ideas, knowing his demographic and the success of their previous establishments.
‘This has definitely been a team effort,” says Caylor. “I truly trust and enjoy the creativity and involvement of my staff. That’s why I chose them for The Drafting Table. This place deserves the best.”
Speaking of which, the bar and restaurant décor is not that of a college bar for those of you thinking this is the new Hill St. Tavern. Think classy yet homey all rolled into one. With fun colors, great food and an intriguing environment, says owner Doug Caylor, “this place is going to motivate customers to leave their phones in their pockets, and enjoy the company in front of them.” Completely lit with Edison lighting and incorporating subway tiles, the décor alone gives you something to talk about.