Farrell's, the beloved ice cream chain and restaurant that we announced in November would be returning to the Atlanta, is reportedly no longer planning to open here. Farrell’s Restaurant and Ice Cream Parlour was to open in a shared space with Sweet Pete's, a gourmet candy shop at the Battery Atlanta at SunTrust Park. The two businesses were to share a roughly 10,000 square foot, two-level space adjacent to Wahlburger's and across from CRU, a wine bar and restaurant.
Citing poor financial performance and liquidity concerns, a source close to the restaurant told ToNeTo Atlanta this week that Farrell's will no longer be part of the project, but that Sweet Pete's does still plan to open, albeit in a smaller space than originally planned. A formal press release from Sweet Pete's/Farrell's is expected next week.
When asked via Facebook about their planned opening in Atlanta and when the location would open, Farrell's responded saying "we'll release further information publicly once it's available. thank you for your interest, that's all we can say at this time."
News of Farrell's return to metro Atlanta was met with overwhelmingly positive sentiment with many ToNeTo Atlanta readers reminiscing about the company's previous locations in metro Atlanta including those at Cumberland Mall in Smyrna and Northlake Mall in Tucker.
Bob Farrell and his business partner opened the original Farrell's in Portland, Oregon in 1963. The parlors featured an early 1900s, "Americana" theme, with employees wearing period dress and straw boater hats. In 1972, the Farrell's chain was purchased by the Marriott Corporation and by 1975, there were nearly 130 Farrell's nationwide. Under Marriott's ownership, the chain lost its way and thereafter, sales steadily declined. In 1982, Marriott sold the Farrell's chain to a group of private investors, and by 1990, almost all locations had closed.
Parlour Enterprises brought the brand back from the dead in 2009 with the ill-advised opening of seven Farrell's locations in California within a very short period of time. The company was forced to close a number of under-performing locations and Farrell's President Paul Kramer and his business partner Mike Fleming got into debt trying to salvage the most profitable units. In 2016, the duo were featured on the season four premier of the hit CNBC reality show "The Profit," as they worked with billionaire investor Marcus Lemonis to save the business. Although Lemonis was initially only an investor in the company, Kramer and Fleming stepped down from their roles last year, leaving Lemonis and his "ML Foods" as the restaurant's primary stakeholder.
Sweet Pete’s, like Farrell's, was featured on "The Profit," with Lemonis now a 50% shareholder in the candy business. Peter and Allison Behringer are the founders of Jacksonville, Florida-based Sweet Pete's, with Peter honing his candy-making skills working for his family's business, Peterbrooke Chocolatier.
The Profit's season 5 finale entitled "Fighting For Farrell's" aired late last month, and featured Lemonis working to salvage his company's investment in Farrell's which had swelled to over $1,000,000. The episode featured a cameo of AmericasMart in downtown Atlanta where Lemonis worked with his team to procure items for the Atlanta stores.
In the same episode, Lemonis gave Travis Lee, the director of operations for Farrell's Ice Cream Parlour, $50,000 of his own money. Referring to Lee as a"rockstar," Lemomis lauded Lee's unrelenting commitment to the brand and his efforts to regain the brand's momentum that was lost under Kramer and Fleming.
Sweet Pete's was added to the existing Farrell's restaurant in Buena Park, California. The two businesses pair well together with Sweet Pete's bringing some originality to the candy offerings of Farrell's that Lemonis called "non-curated," and of convenience store quality. Sweet Pete's offers their wide range of fresh-made confectionery treats and also offers children the opportunity to learn the art of candy-making with candy-making classes, field trips and birthday parties.
Denim & Soul, another company in which Lemonis invested on "The Profit," did not fare well in its expansion to Atlanta. The clothing boutique opened at The Shops Buckhead Atlanta at the end of 2015, but less than six months later, in the spring of 2016, it closed.
The Atlanta Braves opened their season today, March 29, with a 4:10 game against the Philadelphia Phillies at SunTrust Park. While it would have been great for Sweet Pete's to be open for the start of the season, a representative from the company told ToNeTo Atlanta earlier this week that they are still "about two months" away from opening.
Are you disappointed to hear that Farrell's is likely not returning to Atlanta? What is your fondest memory of Farrell's? What is your favorite part of The Battery Atlanta?
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