dBusinessNews

FORT LAUDERDALE, FL – Athan "Tom" Prakas, president/broker of The Prakas Group, Inc., a full service real estate brokerage specializing in commercial transactions, restaurants and hospitality properties, has announced the completion of a sale in recent activity in Broward County.

A. Tom Prakas was exclusive broker for the following transaction:

*Jeff's Beach House Grille, Inc. has purchased a 4,000 SF restaurant located at 4140 N. Federal Highway, Fort Lauderdale, FL. Jeff's Beach House Grille is a sports bar and drafthouse, offering light fare and sandwiches. The sale is valued at $325,000. The Prakas Group, Inc. represented both the buyer and the seller, CHAO Restaurants 4140, LLC.

"Jeff's Beach House Grille's proximity to downtown Fort Lauderdale, coupled with its high visibility on Federal Highway, is an attractive location for customer volume," said Tom Prakas.

The Prakas Group, established in 2000, is on track to close over $300 million in sales over a six-year period. Headquartered at 705 East Palmetto Park Road in Boca Raton, FL, The Prakas Group provides brokerage services for restaurant, nightclub and commercial properties throughout Palm Beach, Broward and Dade counties, and recently expanded into Orlando with an office at 7380 Sand Lake Center to cover the booming Central Florida marketplace. 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 Taverna Opa, Buckhead Life Restaurant Group, Gusto's Grill & Bar, Burton Handelsman, MDN Properties, Rodney Mayo, Tarpon Bend Restaurants, Gotham City, Dave Manero Restaurants, 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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