Steve Josovitz & Sean McPherson of The Shumacher Group Sells Grant Park Atlanta GA Restaurant to Magic Tacos. The Shumacher Group, Inc., Steve Josovitz represented Seller and Sean McPherson represented Buyer in this successful transaction. Buyer will be converting from Sellers Korean Fried Chicken brand to a Taqueria.
About Seller:
Grant Park Atlanta GA Restaurant for Sale w/Bar & Patio
Located at 275 Memorial Drive SE, Suite B2, Atlanta, GA 30312
In-Your Face Super Hot Location.
Great Staff in place.
Great Street Visibility.
Closed to everywhere.
Approximately 1900/sf.
Seating for 50.
10-Seat Full Bar.
Free dedicated parking.
Outdoor Seating for 25.
$7,500Monthly Rent All-In.
10-Year lease with 5-Year Option to Renew.
$500,000 Build-Out.
State of the Art.
Well Established.
Full kitchen.
Previous Tenant had sales reaching $2,000,000.
Profitable
Fully equipped restaurant convertible to almost any casual, QSR, or upscale concept except pizza or coffee, club or late-night lounge.
Sale includes business and name but does not include financial books and records.
$250,000
Grant Park is a residential district, known for its Victorian mansions and Craftsman bungalows. Its 131-acre namesake park is laced with walking trails and home to Zoo Atlanta, with popular panda and tiger exhibits. Nearby Oakland Cemetery has ornate monuments and the graves of notable Atlantans, like “Gone With the Wind” writer Margaret Mitchell. Young locals gather on Memorial Drive for Tex-Mex, noodles, and pub fare.
Grant Park Atlanta Downtown Website
City of Atlanta Grant Park Website
Discover Atlanta Grant Park Website
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