Shumacher Sells Flip Burger Boutique in Million Dollar Acquisition

by Steven Josovitz

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Steve Josovitz of The Shumacher Group, Inc. just sold Flip Burger Boutique a high volume, well established and very profitable  Restaurant and Bar located at 1587 Howell Mill Road, Atlanta, GA 30318. The Shumacher Group, Inc.and Steve Josovitz represented Sellers and assisted Buyers Joseph and Matthew Hsiao of Hsiao Restaurant Group in a fourth purchase together. Flip Burger Boutique created by Top Chef Richard Blais with Partners Barry Mills and Ron Stewart started a culinary adventure with burgers elevated to a new art form. Sale includes all rights to the name, recipes, brand, and trademarks with a vision to grow Nationally. Birmingham unit is owned and operated by Flip founders in a separate Licensing Agreement.

The Buyers Parent Company “Hsiao Restaurant Group” owns five restaurants plus a commercial Real Estate portfolio.  The seed of  “Hsiao Restaurant Group” was House of China in Mableton, GA started by their Parents Marisa and Ben Hsiao which operated for 32-years and most recently was converted to a J.R Cricketts Franchise.

Steve Josovitz assisted Flip Burger Boutique Buyers Joseph and Matthew Hsiao almost ten years ago in their acquisition of the two original Flying Biscuit Cafe’s in Candler Park and Piedmont Park that started a National Chain with Pizano’s a high volume and very profitable KSU-Kennesaw Sports Bar Restaurant added to the group with Broker Steve Josovitz.

Restaurant Info:

FLIP is all about creating a modern, imaginative, chef-driven dining experience that gives all your senses a night out.

It starts with the food. Our signature black angus blend beef burgers are handmade and carefully sourced, as is our locally-farmed pork and sustainably raised seafood. Our condiments and sauces are made in-house daily, and our innovative N2 milkshakes have been recognized as some of the best in the nation.

Whether it’s beer or Bordeaux, our friendly, attentive staff will help pair your meal with any of our signature cocktails from our full bar which also includes an extensive wine and craft beer list.

Even before your first bite, a taste of the menu is in our space. Our expressive decor, accompanied by our carefully curated music playlists, reflect our laid-back approach towards modern, sophisticated dining.

Put simply, we have redefined what a burger restaurant should be.

Press:

Top 10 Burger Restaurants in the US
FOX News

One of the Five Best Lunches
Maxim Magazine

Best French Fries in the US
Travel + Leisure

Top 10 Best Shakes in the Country
USA Today

Atlanta: Food Town
“The deep-fried Southern burger here comes with pickles and pimento cheese; you almost regret inhaling it in four bites.”
Sky

Top Five Burgers in Atlanta
“One of the first in the city to hone in on the burger trend, FLIP has conquered the market.”
Haute Living

Travel Dispatch
“The culinary scene in Atlanta has never been so hot, thanks to a new movement of outside-the-box creations like FLIP.”
Black Book

Editor’s Letter
“…mod, ambitious and delicious. The famed marshmallow and Nutella milkshake delivered. And sweetbread nuggets were an excellent surprise.”
Food & Wine

Well Done
That menu—immediately resulted in lines out the door, not to mention contenders hoping to replicate FLIP’s success.
GO

Burger Evolution
Atlanta burger joint FLIP pushes the limit and then puns about it with its delicious Paté Melt.
Cooking Light

Top 10 Best New Burger Spots
The chef-owner of FLIP Burger Boutique in Atlanta and author of Try This at Home shares his favorite burger.
Bon Appetit

10 Most Over-the-top Burgers
The Lob-steer: Mushroom ketchup and mustard caviar? Mmmmhmmmm.
Redbook

Avacado-alfalfa Turkey Burger
The chef-owner of FLIP Burger Boutique in Atlanta and author of Try This at Home shares his favorite burger.
SELF

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