Tom Prakas Bio

Athan “Tom” Prakas

Commercial Consultant

tom@prakascompany.com
Mobile: (561) 929-0111
Office: (561) 368-0003

Athan “Tom” Prakas is a Delray Beach resident and owner of Prakas & Co, Inc., a commercial real estate brokerage company specializing in restaurant, hospitality and commercial properties, headquartered in Boca Raton.

 

Through his years of experience and remarkable vision for the industry, Prakas and his company continually make restaurant and real estate headlines, not only in South Florida but nationally.

 

Originally from Portsmouth, Ohio, Prakas grew up in Columbus and has 30 years’ experience in the restaurant, nightclub, and sports bar industry. He owned 27 popular establishments throughout Ohio, Georgia, and South Florida.

 

“I knew I wanted to be in the industry after I vacationed in Fort Lauderdale for spring break during college, and I even modeled one of my first nightclubs in Columbus, Ohio, after a nightclub in Fort Lauderdale,” said Prakas.

 

Prakas was recently selected by world-famous Chef Alan Susser to roll out Susser’s new full-service gourmet burger concept in Florida, with the first site planned for Jupiter and sites a Vero Beach site shortly after. He was additionally chosen as the exclusive restaurant broker to spearhead David Manero’s new restaurant, BurgerFi (short for “The Burgerfication of America), a technologically savvy burger chain that will bring burgers to Commercial Boulevard and A1A in Lauderdale-by-the-Sea, an intersection ripe for good, quick food, and is rolling out location through Florida and the U.S. through franchising efforts.

 

Prakas is also at the helm of licensing and locations for the famed Philippe Chow Restaurant, voted “Best Chinese” in 2010 Zagat, located in South Beach’s Gansevoort Hotel. He will expand the brand of the rock n’ roll-inspired Cadillac Ranch in Florida, for which he is scouting additional sites. Prakas is also behind the growth of the Maisonette, the longest-running Mobil Five-Star restaurant in U.S. history. This French restaurant legend, now with a casual bistro twist, will additionally be expanding into boutique hotels.

 

He was the originator of alternative music clubs in Palm Beach County with the establishment of The Dark Side in Delray Beach and Moscow in West Palm Beach and Delray Beach. He also owned and operated The Spot, a sports-rock cafe in West Palm Beach, and brought the popularity of cigar smoking to Boca Raton by establishing The Cigar Bar.

 

After many successful years and colorful experiences in the biz, Prakas decided to use his hands-on knowledge to open Prakas & Co in 2000. Prakas and his team have sold more than 400 restaurants and commercial properties in the last 11 years.

 

Prakas has established relationships with high profile names in the hospitality industry and exclusively represents Buckhead Life Restaurant Group for Florida locations including placing Chops Lobster Bar and City Fish Market for the famed Buckhead Life Restaurant Group in Boca Raton. The Prakas Group also exclusively represents the successful Taverna Opa Greek restaurant concept in multiple Florida locations and Las Vegas, Nevada, and The David Manero Restaurant Group properties throughout South Florida. Prakas was also chosen as the exclusive broker to bring actor Danny DeVito his first restaurant deal, DeVito’s in South Beach, which opened June 2007 to major fanfare. Prakas also sold La Vieille Maison, Boca Raton’s most famous French restaurant for more than 30 years.

 

In other national accomplishments and as a true testament to Tom’s commanding pull in the industry, he was hand-picked by The Falcone Group, a privately held multi-billion dollar entity that specializes in a wide spectrum of real estate services primarily focusing on real estate development and investment funding, to be exclusive broker for the restaurant on the 37th floor of the prestigious 57-story tower, Two Liberty Place in Philadelphia, Pennsylvania.

 

South Florida’s hottest restaurant corridors, including Atlantic Avenue in Delray Beach, Clematis Street in West Palm Beach and Las Olas Boulevard in Fort Lauderdale, have all been enhanced by the Prakas touch. Prakas hopes to keep working closely with these cities and other developers to increase revenue and watch the areas flourish and grow.

 

“The key to a successful establishment is knowing your demographics because the failure rate is high and even if the concept is great, the location may be wrong,” said Prakas.

 

In 2006, the company expanded beyond its Boca Raton headquarters into Orlando. It was a natural progression for the firm to establish an office to tap into the incredible growth in the Central Florida market and bring a wealth of business brokerage and restaurant/hospitality brokerage experience to the Orlando area. Prakas & Co has hit the news with multiple restaurant brokerage deals as well as the exclusive listing for the restaurant at Lake Buena Vista Resort Village and Spa, the placing of Taverna Opa at Pointe of Orlando, and bringing 5-star gastropub The Ravenous Pig to Winter Park.

 

Prakas plans to continue expanding the company to bring expertise in hospitality brokerage to new markets. Targeted cities for new Prakas & Co offices include Atlanta, Georgia, and New York City.

 

Prakas and his company are visionaries, and contribute to shaping the nightlife and generating revenue in cities across South Florida, Central Florida and around the country. Prakas & Co will continue helping clients find the right space for their particular needs.

Tom Prakas Bio

Athan “Tom” Prakas

Commercial Consultant

tom@prakascompany.com
Mobile: (561) 929-0111
Office: (561) 368-0003

Athan “Tom” Prakas is a Delray Beach resident and owner of Prakas & Co, Inc., a commercial real estate brokerage company specializing in restaurant, hospitality and commercial properties, headquartered in Boca Raton.

 

Through his years of experience and remarkable vision for the industry, Prakas and his company continually make restaurant and real estate headlines, not only in South Florida but nationally.

 

Originally from Portsmouth, Ohio, Prakas grew up in Columbus and has 30 years’ experience in the restaurant, nightclub, and sports bar industry. He owned 27 popular establishments throughout Ohio, Georgia, and South Florida.

 

“I knew I wanted to be in the industry after I vacationed in Fort Lauderdale for spring break during college, and I even modeled one of my first nightclubs in Columbus, Ohio, after a nightclub in Fort Lauderdale,” said Prakas.

 

Prakas was recently selected by world-famous Chef Alan Susser to roll out Susser’s new full-service gourmet burger concept in Florida, with the first site planned for Jupiter and sites a Vero Beach site shortly after. He was additionally chosen as the exclusive restaurant broker to spearhead David Manero’s new restaurant, BurgerFi (short for “The Burgerfication of America), a technologically savvy burger chain that will bring burgers to Commercial Boulevard and A1A in Lauderdale-by-the-Sea, an intersection ripe for good, quick food, and is rolling out location through Florida and the U.S. through franchising efforts.

 

Prakas is also at the helm of licensing and locations for the famed Philippe Chow Restaurant, voted “Best Chinese” in 2010 Zagat, located in South Beach’s Gansevoort Hotel. He will expand the brand of the rock n’ roll-inspired Cadillac Ranch in Florida, for which he is scouting additional sites. Prakas is also behind the growth of the Maisonette, the longest-running Mobil Five-Star restaurant in U.S. history. This French restaurant legend, now with a casual bistro twist, will additionally be expanding into boutique hotels.

 

He was the originator of alternative music clubs in Palm Beach County with the establishment of The Dark Side in Delray Beach and Moscow in West Palm Beach and Delray Beach. He also owned and operated The Spot, a sports-rock cafe in West Palm Beach, and brought the popularity of cigar smoking to Boca Raton by establishing The Cigar Bar.

 

After many successful years and colorful experiences in the biz, Prakas decided to use his hands-on knowledge to open Prakas & Co in 2000. Prakas and his team have sold more than 400 restaurants and commercial properties in the last 11 years.

 

Prakas has established relationships with high profile names in the hospitality industry and exclusively represents Buckhead Life Restaurant Group for Florida locations including placing Chops Lobster Bar and City Fish Market for the famed Buckhead Life Restaurant Group in Boca Raton. The Prakas Group also exclusively represents the successful Taverna Opa Greek restaurant concept in multiple Florida locations and Las Vegas, Nevada, and The David Manero Restaurant Group properties throughout South Florida. Prakas was also chosen as the exclusive broker to bring actor Danny DeVito his first restaurant deal, DeVito’s in South Beach, which opened June 2007 to major fanfare. Prakas also sold La Vieille Maison, Boca Raton’s most famous French restaurant for more than 30 years.

 

In other national accomplishments and as a true testament to Tom’s commanding pull in the industry, he was hand-picked by The Falcone Group, a privately held multi-billion dollar entity that specializes in a wide spectrum of real estate services primarily focusing on real estate development and investment funding, to be exclusive broker for the restaurant on the 37th floor of the prestigious 57-story tower, Two Liberty Place in Philadelphia, Pennsylvania.

 

South Florida’s hottest restaurant corridors, including Atlantic Avenue in Delray Beach, Clematis Street in West Palm Beach and Las Olas Boulevard in Fort Lauderdale, have all been enhanced by the Prakas touch. Prakas hopes to keep working closely with these cities and other developers to increase revenue and watch the areas flourish and grow.

 

“The key to a successful establishment is knowing your demographics because the failure rate is high and even if the concept is great, the location may be wrong,” said Prakas.

 

In 2006, the company expanded beyond its Boca Raton headquarters into Orlando. It was a natural progression for the firm to establish an office to tap into the incredible growth in the Central Florida market and bring a wealth of business brokerage and restaurant/hospitality brokerage experience to the Orlando area. Prakas & Co has hit the news with multiple restaurant brokerage deals as well as the exclusive listing for the restaurant at Lake Buena Vista Resort Village and Spa, the placing of Taverna Opa at Pointe of Orlando, and bringing 5-star gastropub The Ravenous Pig to Winter Park.

 

Prakas plans to continue expanding the company to bring expertise in hospitality brokerage to new markets. Targeted cities for new Prakas & Co offices include Atlanta, Georgia, and New York City.

 

Prakas and his company are visionaries, and contribute to shaping the nightlife and generating revenue in cities across South Florida, Central Florida and around the country. Prakas & Co will continue helping clients find the right space for their particular needs.

Athan “Tom” Prakas

PROPERTY LISTINGS


🌟 Exciting News from Jupiter, FL! 🌟 📍 Just Sold: 251 US-1, Jupiter, FL 🔹 Size: 3,700 SF, fully air-conditioned 🔹 Brand New Renovations: Completed in 2023 – Everything’s new! 🔹 Features: Full bar 🍹 Indoor & outdoor dining 🍽️🌳 Prime location on Federal Hwy for incredible visibility 🚗 🎉 A perfect space, now ready […]

3700 15

Exclusive Beachfront Restaurant Opportunity in Fort Lauderdale Dive into a prime dining establishment opportunity nestled on the picturesque shores of Fort Lauderdale Beach. A haven for food enthusiasts and beach lovers alike, this confidential listing boasts unparalleled views and world-class amenities. Key Features: Generous Space: 7,000 SF of combined interior space, ensuring ample room for […]

🌴 A Golden Opportunity with South Florida’s Legendary Beach Bar! 🌴 We are thrilled to announce our exclusive representation of The ELBO ROOM – a world-famous jewel right from the heart of Fort Lauderdale Beach, located at the iconic junction of A1A & Las Olas. Steeped in a rich history spanning over 85 years, this […]

Prakas & Co is proud to announce the sale of Two Georges at The Cove – Deerfield Beach Exclusively brokering both buyer and seller sides of this agreement. One of the most premier Intracoastal restaurants with boat dockage, bringing the busiest happy hour crowd since 1977. LM Restaurants plans to keep the same formula that […]

Prakas & Co is pleased to present an exciting restaurant development opportunity in the heart of Boca Raton, Florida. Located in the coveted Midtown area, this 6,700 square foot ground-floor restaurant space is situated within the class A 4-story medical complex, featuring the latest design elements and amenities. Previously home to Bally’s Scandinavian Health Spa […]

20 Restaurant Use

Prakas & Co is pleased to offer this unique opportunity to acquire a highly successful restaurant property in the affluent area of Boca Raton, FL. This is a freestanding out parcel restaurant property that has been under the same ownership for 23 years. The property boasts ample parking, with 4,700 SF under air plus patio […]

🚨🚨RESTAURANT ROW IS NOW FULLY LEASED🚨🚨 Exclusively represented by Prakas & Co since 2017 This 4th and final restaurant will be announced soon! 👀 Proud to have closed this development out with Trinity Commercial Group who represented this world-class Mediterranean restaurant concept! Joining CO-tenants: @fiolinaboca — @elcaminofla — @pubbelly Restaurant Row is an exciting and distinct dining destination that […]

Another major restaurant sold by Prakas & Company. We are thrilled to have represented both the seller and buyer in this transaction! 900 E Atlantic Ave, Delray Beach This 8,600 SF restaurant & bar was formerly the Meso Beach House location. An ideal intracoastal dining destination in Delray Beach, FL. Happy to have helped @delfuegotexmex out of […]

JUST SOLD | We are proud to exclusively broker this iconic restaurant location. @ellies50s.diner We want to wish Bob & Ellie the best on their retirement and a huge thank you for creating this landmark restaurant in the city we call home. Cheers! 🍾🥂

Prakas & Co. Snags Prime Fort Lauderdale Venue for Tin Roof 🎶 This afternoon Prakas & Co. officially signed off on another exciting restaurant deal in one of Fort Lauderdale’s top dining and entertainment districts. 📍Located on Andrews Blvd near the entrance of Las Olas Blvd, Tin Roof will make its official debut to the […]

RESTAURANT / RETAIL FREESTANDING BUILDING FOR LEASE – Asking $60 PSF NNN GREAT RESTAURANT / LOUNGE SITE!!!   Detailed Information: Location: Unbeatable Downtown Delray Beach location Building SF: 7,534 SF UNDER AIR (2) STORY Parking: RARE 26 CAR EXCLUSIVE PARKING LOT 100 FEET FROM ATLANTIC AVE & US-1 INTERSECTION 5 BLOCKS FROM THE BEACH FREE […]

10 Central Business - CBD

Prakas & Co is excited to announce that Carmela Coffee Company will be opening on Federal Highway… 2 street lights south of Atlantic Ave! The former Dunkin Donuts on northbound Federal Hwy. 247 SE 6th Ave, Delray Beach, FL Carmela Coffee Company is well known for fresh Costa Rican coffee, specialty drinks, avocado toast & […]

DEAL CLOSED. The former Banyan Restaurant on Pineapple🍍Grove. 1,300 SF of restaurant space at 189 Northeast Second Avenue, Delray Beach, FL with a 1,000 SF patio. Steps away from the new boutique @therayhotel . The buyer of the former Banyan is Host Restaurant group who recently just opened AVALON STEAK & SEAFOOD on Atlantic Ave. Congratulations to […]

Prakas & Co is proud to announce Washington, D.C. based Throw Social has leased the former IL BACIO Nightclub / Prime Steakhouse 29 SE 2nd Ave, Delray Beach, FL 12,000 SF – Delray Beaches largest outdoor patio space. THROW SOCIAL – “a social experience that combines backyard-style games with food & libations. Drink Booze & […]

Prakas & Co is proud to announce that the former MELLOW MUSHROOM – DELRAY BEACH JUST LEASED!! 25 SE 6th Ave, Delray Beach, FL 👏🏼🥂🍾🍕🍷 Bar25 COMING SOON👀 Proud to have represented both sides of this seamless transaction. Signed deal in a matter of 5 days! Happy to bring yet another hot spot to DELRAY […]

Prakas & Co is proud to announce we were the exclusive brokers of CHE!!! on Atlantic Avenue to Meso Mediterranean Restaurant from Rye, NY. It was a pleasure representing both the buyer and seller in this intracoastal waterfront transaction. Meso will add a premier upscale dining experience to Atlantic Avenue’s already vibrant strip. https://www.mesorestaurants.com/ 

Prakas & Co is proud to announce the exclusive listing of Smoke Inn Delray Beach property IS SOLD! PRIME CORNER CAN BE REDEVELOPED Prestigious location on Federal Hwy. 2 blocks north of Atlantic Avenue.  Parcel No. 12434616011060190 ZONING: CBD – CENTRAL BUSINESS Acres: 0.3621 Building total SF: 1,187 PARKING: 15 spaces

CBD - Central Business

Prakas & Co is pleased to offer this commercial property located right on Federal Highway. Great property located just 5 blocks North of Atlantic Avenue. 534 NE 5th Ave Delray Beach, FL 33483 – 1,200 SF Free Standing Office Building on 0.17 Acres. 75’ Frontage on Fed. Hwy Includes gorgeous new interior buildout The property has ample […]

7,405 sq ft

Get In Touch

    This will close in 0 seconds