Steve Josovitz of The Shumacher Group Sells Cheeky Taqueria Forsyth to Rreal Tacos. The Shumacher Group, Inc. and Steve Josovitz represented Seller in this transaction but guided everyone to a successful Closing with Stephen M. Levinson, Attorney at Law.
About Cheeky:
Cheeky in Forsyth opened its doors on March 8, 2010.
Located in The Collection at Forsyth at 410 Peachtree Pkwy, Cumming, GA 30041.
Anchored high-volume lifestyle center steps.
Approx. 5,000 square feet
Total indoor seating of approximately 130 with 40 Bar area seats
Total outdoor patio seating of approximately 80 seats
Rent is approximately $10,500 base rent with approximately $7,000 in CAM = $17,000 total
The lease term expires on March 31, 2025. So two years left on this term. There is also 1 five year option.
Landlord will extend the term.
Established 14 years.
Spent $500k on a complete renovation 12 months ago.
Almost everything on the interior is brand new including POS, TVs, floors, furniture, garage door windows, etc.
Sales have reached $ 2.8M.
HUGE patio on the very front corner of the development.
About Rreal Tacos:
Welcome to Rreal Tacos! Home of the best authentic Mexican street food in Atlanta. Our chefs strive to recreate the characteristics of tacos from various regions of Mexico using the freshest cuts of meat and cooking with ingredients sourced only from there.
Come by & try our delicious Tacos, cheesy quesadillas or have a beautifully hand-crafted margarita in any of our locations!
Cumming will be the 5th Rreal Tacos in Metro Atlanta.
