| June 01 , 2006 |
Atlanta Restauranteurs Expansion Begins at Royal Palm Plaza
BOCA RATON, FL – Athan “Tom” Prakas, president/broker of The Prakas Group, Inc., a full service commercial real estate brokerage specializing in commercial transactions, restaurants and nightclubs, has announced that the firm has been selected as exclusive broker to represent owner Leonce Picot in the sale of La Vieille Maison, Boca Raton’s most famous French restaurant.
La Vieille Maison, located at 770 East Palmetto Park Road, has been a 5-star destination in Boca Raton for 30 years. The restaurant, built in 1928, is 6,000 square feet on 2/3 of an acre. It seats 140 people. Mr. Prakas and Commercial Specialist John Douglas have the exclusive listing.
“When Mr. Picot decided to sell, he retained The Prakas Group because of our niche specialty in restaurant and night club brokerage,” states Tom Prakas. “In fact, our relationship began from a ‘cold call’ when John Douglas went to see if we could help him. We are honored to represent this Boca Raton landmark – everybody knows La Vieille Maison.”
John Douglas continued. “The restaurant has 300 feet of frontage along Palmetto Park Road. This is an excellent location. We expect strong interest in the site.”
The Prakas Group, established in 2000, is on track to close over $300 million in sales over a six-year period. Located at 705 East Palmetto Park Road, Boca Raton, FL, The Prakas Group provides brokerage services for restaurant, nightclub and commercial properties throughout Palm Beach, Broward and Dade counties. The firm is in the process of establishing an office in Orlando to serve the Central Florida market. Principals of The Prakas Group add depth to the firm’s brokerage services with over 200 years of combined experience in the restaurant/nightclub industry as owner/operators. Clients of The Prakas Group include Buckhead Life Restaurant Group, Taverna Opa, Gusto’s Grill & Bar, Burton Handelsman, Big Time Restaurant Group, MDN Properties, Rodney Mayo, Tarpon Bend Restaurants, Gotham City, and Mama Mia’s, just to name a few. For more information, contact The Prakas Group at (561) 368-0003, or visit the company’s website at www.prakasgroup.com.
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dBusinessNews |