Steve Josovitz of The Shumacher Group Sells Coalition Food and Beverage in Historic Downtown Alpharetta GA. Steve Josovitz of The Shumacher Group represented Seller in transaction but guided all parties to a successful close. Because of the financial strength of this business Coalition Food & Beverage will remain as is with only minor tweaking. Closing was conducted by Stephen M. Levinson, Attorney at Law.
Seller is RO Hospitality who owns the critically acclaimed and popular Table & Main, Osteria Mattone and the brand new Casa Robles all located in Historic Downtown Roswell GA. Owner and Roswell Resident Ryan Pernice’s goal for sale was to focus growth and attention on current restaurants which are all walking distance from each other.
Buyer was Ana Leadon who owns the 5,000/SF HOLA! Taqueria & Bar at 688 Holcomb Bridge Rd, Roswell, GA 30076 and Monterrey Mexican Restaurant located at 2300 Holcomb Bridge Rd, Roswell, GA 30076 for over ten-years. Ana will Partner with Ruben Sequra who will be leaving Hugo’s Oyster Bar in Roswell after 5-years as Executive Chef and Executive Chef at C&S Chowder House (Hugo’s Sister Restaurant)
Chef Sequra additionally has as vast experience in Mexican and American Cuisine. Owners will add greater seafood selections to menu.
Info:
Coalition Food & Beverage is located at 50 Canton St Suite 108,Alpharetta, GA 30009.
Historic Downtown Alpharetta Restaurant & Bar for Sale
$1,100,000 opening costs.
Incredible Location.
Great visibility
Fully Equipped Turnkey.
Keep As-Is or Convert to Any Concept
Well established with One-Owner.
3500/SF.
Seating for over 110.
20-seat bar
40-seats outdoor.
$13,000 monthly rent all in.
Almost ten years on primary lease with an option to renew.
Sales have reached close to $2,000,000 on Dinner only.
Full staff includes an amazing front and back-of-the-house management team.
Alpharetta is a city located in northern Fulton County, Georgia, United States, and is a part of the Atlanta metropolitan area. As of the 2010 census, Alpharetta’s population was 57,551.[3] The estimated population in 2019 was 67,213.[4]
Downtown Alpharetta GA District Website
Link to Alpharetta City Center. This is a great resource about this project and Downtown Alpharetta.
Downtown Alpharetta Georgia Info
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