The Shumacher Group, Inc. has sold Mama 5 Sons Italian Grill in Historic Dowtown Jefferson. The Shumacher Group, Inc. and Steve Josovitz represented Seller. Buyer was an out of state restaurant Owner from Chicago.
Some Info about Mama Five Son’s Italian Grill:
This restaurant was voted #1 restaurant in Jackson County. Amazing too is that this is the only restaurant in all of Historic Downtown Jefferson affording this owner zero competition.
Full service upscale casual Italian restaurant and pizzeria up for grabs is a well oiled machine and money maker. Incredible location 55-minutes from Atlanta in one of the best places to live and work with the highest rated schools in the State. Restaurant serves a full service menu of Italian entrees, salads, appetizers, burgers, deep dish and thin crust pizza and pasta with amazing deserts.
Space is 2500/sf with seating for 75 plus 24 outside plus 8 at the bar. Restaurant serves beer and wine but full liquor license could be added. Fully up to code business with everything in mint condition.
Rent is way below market at only $1750 ALL IN. Eight years remain on primary term of lease.
Gross sales for 2013 came in at $529,000 with Owners pulling out $104,000 after paying all expenses and staff. 2014 only did about $400,000 but Owner since managed to pull out $85,000. Pizza accounts for about 50% of food sales.