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[FOR SALE] Uncle Jack's Meat House Hits the Market in Peachtree Corners

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After a multi-million dollar build out and less than four years in business, a suburban Atlanta steak-centric restaurant is for sale.  Uncle Jack's Meat House, situated in a freestanding building within the 21-acre Peachtree Corners Town Center development, has been listed for sale by Steve Josovitz of The Shumacher Group, an Atlanta brokerage that specializes in restaurant sales.  

Willie Degel opened the restaurant in March 2021, then the third of three restaurants the restaurateur and tv personality opened in metro Atlanta.  Degel, a native New Yorker, opened his first Atlanta area restaurant in June 2016 on Sugarloaf Parkway in Duluth followed by a second on Canton Street in Downtown Roswell in November 2020. A sibling restaurant - Uncle Jack's Tavern - opened in Lawrenceville in November 2021.  

The Lawrenceville restaurant on South Clayton Street closed this past August followed by the Canton Street restaurant this past September.  The Duluth location remains open.  

Unlike the Duluth and Roswell restaurants which occupied existing spaces that had been restaurants previously, Degel's Peachtree Corners restaurant was built from the ground up for his express use.  According to the sales listing, the 4,034 square foot restaurant features a "$2.2 million build out" and is "fully equipped and turn key that can be converted to any landlord approved concept."  

Located at 5222 Peachtree Parkway in Peachtree Corners, the restaurant is situated beside Lazy Dog Restaurant & Bar in a center also home to Sprouts Farmers Market, CMX CinéBistro, Marlow's Tavern and Cava, among other tenants.  

The "state of the art" restaurant is described as being in "mint condition" with bar seating for 30, dining room for 120, patio for 80, private dining for 40, and a "Ric Flair Suite" accommodating 12-16 guests.   

Uncle Jack's is signed to an existing ten-year lease with monthly "all in" rent of $16,295.89 with renewal option(s).  The sale does not include the restaurant's name, business, books, or records.  

The offering - priced at $1 million - does provide a would-be buyer with all seller-owned furniture, fixtures, and equipment and the rights to transfer the lease.  

Did you ever visit Uncle Jack's Meat House?  Are you surprised to see Uncle Jack's closing?  What would you like see open in place of Uncle Jack's in Peachtree Corners?

Please share your thoughts below  

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