We closely watch restaurant broker Shumacher Group. Their niche seems to be representing restaurant owners who want completely out of the business. Their listings and sales offer a crystal ball into changes we’re likely to see months out. It doesn’t hurt that a good bit of their business is right here in the northern burbs.
They’ve had a flurry of new business that is very timely to those following the restaurant scene in Alpharetta.
First is Durango Woodfire Grill. They’ve secured space in the Medlock Crossing shopping center in Johns Creek where Tilted Kilt used to be. One can assume that this is the same concept that closed last year in downtown Atlanta.
The former Chadwick’s Tap Room space on Old Alabama Connector has been listed. This is an enormous restaurant that lacks good road visibility. Frankly I forget this shopping center even exists when I’m in the area.
Shumacher helped to broker a contract for the Champps Americana building to indoor skydiving firm iFly. The listing is back on the market after Alpharetta’s City Council again rejected iFly’s plans to build here. I suspect we’ll see iFly open elsewhere in metro Atlanta. In the meantime, Alpharetta’s biggest and longest-running restaurant vacancy is again available.
And finally, we love when brokers obfuscate their listings. We take it as a challenge to unmask the mystery restaurant. Check out this listing near North Point Mall and let me know who you think it is?