Shumacher Sells Doc Greens Powers Ferry

by Steven Josovitz

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The Shumacher Group, Inc. has just sold the Doc Greens on Powers Ferry. The Shumacher Group, Inc. and Steve Josovitz represented Seller in transaction. This profitable franchise business will stay as a Doc Greens. Seller Information

1. NAME/CONCEPT:   Doc Green’s Gourmet Salads & Grill is located at 2022 Powers Ferry Rd NW #130, Atlanta, GA 30339. This is currently a Fast Casual Restaurant. Keep or convert to QSV, Casual or Full Service as this space has a full kitchen.

2. ADDRESS/AREA INFO: Walking distance to proposed Atlanta Braves Cobb Stadium and surrounded by office buildings adding an incredible daytime mix to a very high density middle to high income residential area.

3.SIZE/TYPE: 2540 Sq Ft

4. OPERATING HISTORY:  Opened 05/19/2006

5. HOURS OF OPERATION: 11:00AM – 8:00PM, Mon – Fri; 11:30AM to 6PM Sat; Closed Sundays

6. SELLING PRICE/TERMS: $ 150,000.

7. COMMENTS: 1GM, 2 Shift Leaders, 10 Part-Time employees No Oustanding Debt No Outstanding Loans (except to owners) Rent is Current No Legal Issues Primary Expenses are Rent, Food Costs, Labor, Utilities, Insurance All equipment and furnishings are from the original build-out, which we did in 2006. About Center:

19,134 sq. ft. Specialty Shopping Center  include Dunkin Donuts, Simply Chiropractic, Smoothie King, Doc Green’s Gourmet Salads, Moe’s Southwest Grill, Peachtree Computers, AT&T, Nail Style, Bonehead’s Grilled Fish & Piri-Piri Chicken, Rooster’s Men’s Barber Shop, State Farm Insurance and Carriage Cleaners.

Located approximately 3/4 mile North of I-285 on the West side of Powers Ferry Rd., Atlanta, GA between Shadowood Pkwy. and Windy Ridge Pkwy.. Outstanding visibility and access from both Parkways.

AJC Article on new Stadium deal Additional News Piece: ATLANTA — The Braves have gained the necessary government approval to move forward with their plans to construct a new stadium and a surrounding mixed-use development in Cobb County before the start of the 2017 season. With a 4-1 vote on Tuesday night, the Cobb County Commission approved a Memorandum of Understanding that will call for approximately $300 million in public funds to be used to construct the $672 million stadium that will be located near the northwest intersection of Interstates 75 and 285. The Braves will invest approximately $372 million to cover upfront costs and annual payments. “This is a significant day in the history of this franchise,” Braves president John Schuerholz said. “We are grateful to the citizens of Cobb County and the leadership in the community who have worked tirelessly to bring this to fruition. I truly believe that this partnership will yield what will become one of the finest baseball and entertainment facilities in the country.” Earlier this month, the Braves announced they would leave downtown Atlanta when their Turner Field lease expires at the end of the 2016 season. The open-air stadium will be surrounded by the mixed-use development that will be aimed to make the area a year-round destination for baseball fans and consumers. The development will include residential options and a $400 million entertainment district that will be funded solely by the Braves and private partners. Plans for this district call for the construction of restaurants, shops and at least one hotel. Along with being responsible for all operating costs of the stadium, the Braves will team with Cobb County to cover the stadium’s capital maintenance expenses. Construction of the stadium will begin next year. It will support more than 5,200 jobs with a total payroll of more than $235 million. Mark Bowman is a reporter for MLB.com. This story was not subject to the approval of Major League Baseball or its clubs.

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