Steve Josovitz of The Shumacher Group Sells Krespos Seafood House in Historic Downtown Roswell GA – Under Contract in Two Weeks

by Steven Josovitz

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Steve Josovitz of The Shumacher Group, Inc. Sells Krespos Seafood House in Historic Downtown Roswell GA. Steve Josovitz representing Seller guided all parties and Buyer Aaron Smith to a successful Closing.

Buyer Testimonial:

As a first-time restaurant buyer, it can be pretty daunting navigating the waters of acquiring a business.  Steve literally saved me from a ton of headaches with his guidance!  Everything he said or committed to was delivered 100% as promised.  From scouting property all the way to closing, I felt like he had my back.  Thanks, Steve – I look forward to my next venture with you being as seamless as my first!

Seller Testimonial:

The sale process with Steven was a breeze. He explained his process from the beginning and executed exactly as promised. Steven facilitated the communication, the process, and the transaction. I will be using him again and I would recommend anyone considering to lend him their trust.

Buyer Info:

Opening in June 2019, Shanghai Street Food & Bar brings Chinese-inspired cuisine to Downtown Roswell, GA with a focus on the colorful and eclectic street food scene of China’s largest city. According to Aaron Smith, Owner, “The city of Shanghai is influenced by cultures old and new, of both the East and West. There is no better source of inspiration to create something in the area that’s truly never been done before.”

Leading the culinary effort is Robbie Pacheco, former Executive Chef of the highly rated restaurant 356 located in the Porsche Experience Center of Atlanta. “I’ve always had a love for ethnic cuisine and have many memories eating in New York and Chicago’s Chinatown districts as a young chef. When I saw the opportunity to do a concept in Roswell, modern Chinese street food just made sense to me. It’s edgy, different, yet familiar. I don’t want all the pretentious vibe you might get from fine dining. I want to bring late night Chinatown to Downtown Roswell.”

“Our goal is to bring you familiar flavors from far away in a setting that feels like home,” says Smith. “We’re part of the neighborhood, so come as you are and enjoy yourself.”


Seller Info:

Krespos Seafood House for Sale.

Located at 108 Magnolia St, Roswell, GA 30075

Super hot location in Historic Downtown Roswell.


Seating for 40-guests.

Outdoor Patio.

10-seat bar.

$3300 Rent all in.

Three years remain on lease with 5-year option to renew.

Fully Equipped & Open.

Keep or Convert to any concept.

Full staff in place makes for an easy transition.

Open Tuesday to Saturday Dinner only.

At this fire sale price, no books and records will be provided other than fixed costs, expenses, lease, and equipment list.

Krespo’s Seafood House opened in 2014 and is located a block behind Canton Street in Downtown Roswell. The menu is the creation of Portuguese Chef, Lino Krespo, and includes both quality interpretations of classic dishes from Portugal and some ventures into New World cuisine.

Housed in what once was the famous Roswell Tea House, Krespo’s cozy dining room makes you feel like a guest in the Chef’s house while the full bar seats 14 and airs all major sporting events.

Krespos Seafood House Website






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