Georgia Restaurant Brokers - Atlanta Restaurant Market Ripe for the Picking: Decreasing Sales in the Hospitality Business Forces Restaurants & Bars to Sell Below Market

Atlanta, GA, November 06, 2009 --(PR.com)-- Georgia Restaurant Brokers announced today that the Commercial Real Estate has dropped drastically over the last quarter. Restaurant and Bar Owners are selling there profitable ongoing business’s way below market value, due to the poor economy. Some Landlords giving 1 years free rent, fully equipment, turn key restaurants, to fill vacant spaces. This was unheard of in Atlanta, since the 1960’s, times are tough.

Georgia Restaurant Brokers specializes in selling and leasing restaurants and bars in the Atlanta area. Steve Mastrangelo (Broker) commented “The market is very favorable for Buyers, if you have enough capital the market is very soft, with many oppuntities to purchase Restaurants and Bars far below their worth.” Georgia Restaurant Brokers have 38 years of experience in this field, this company has sold hundreds of Restaurants and Bars over 3 decades.

Georgia Restaurant Brokers with all its expertise, in selling all types of restaurants, from pizza to fine dining; belives the market will turn around in the spring of 2010. Part of the problem was over saturation of restaurants, with absentee owners. To be successful in this industry you must be a hands on operator.

Steve Mastrangelo, Georgia Restaurant Brokers President, commented that: “GRB is there to find creative solutions to unexpected problems that may arise. This company leads the field in consulting, negotiating, buying and selling Restaurants and Bars.”

If you like more information about this topic, or to schedule an interview with Steve Mastrangelo. Please call 770 751-0577 or e-mail Steve at info@restaurantsga.com. For more information, visit www.RestaurantsGA.com.

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