The Shumacher Group, Inc and Steve Josovitz sold Crossroads Neighborhood Grille in Dallas, GA. The Shumacher Group, Inc. and Steve Josovitz represented Seller in transaction.
Some Info about Crossroads Grill:
Crossroads Neighborhood Grille is located at 1305 Cedarcrest Rd, Dallas, GA 30132. This Metro Atlanta Suburban full service casual neighborhood Restaurant and bar for sale is fully equipped, open and operating. Incredible high income location with thousands of homes next door. Stunning restaurant is “state of the art” with no expense spared including exhibition kitchen. Originally opened as Pasiano’s Italian Restaurant at a cost of almost $800,000. Absentee Owners managed to gross almost $2,000,000 and selling business to a television executive who gave it back awhile later. Owners have a management team in place while trying to sell.
Sales had reached $40,000 per week.. Sales have dropped dramatically because of poor oversight, bad management and direction. Books and records will not be provided other then showing expenses but Owners can prove sales of $1,500,000 when they owned it as an Italian Restaurant and Pizzeria.
Super roadside frontage, visibility and frontage with tons of parking. Place has been a mob scene with lines out the door and shows incredible promise.
Space is approximately 4,990/sf with seating for 155 with 55- seat bar and lounge area and 70 seat outdoor patio.
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