Hospitality and Commercial Brokerage Expert Profile
Athan "Tom" Prakas, Owner and President of
Hospitality Brokerage Firm, The Prakas Group
Athan "Tom" Prakas is a Delray Beach, Florida resident and owner of the Prakas Group, a commercial real estate brokerage company specializing in restaurant, nightclub and commercial properties with offices in Boca Raton and Orlando, Florida.
Originally from Portsmouth, Ohio, Prakas grew up in Columbus and has 25 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 Toledo, Ohio, after a nightclub in Fort Lauderdale," said Prakas.
After many successful years and colorful experiences in the biz, Prakas decided to use his hands-on hospitality knowledge to become South Florida's #1 hospitality real estate broker. Prakas and his group have sold hundreds of restaurants, nightclubs and bars in the last seven years and in the last two have expanded their reach nationally as demand for specialized hospitality brokerage soars.
"The key to this kind of niche brokerage is the fact that I and everyone on my staff has experience in hospitality operations," said Prakas. "Unlike your average commercial brokerage firm, we know the ins and outs of what it takes to run this type of business. I think this is the future of the industry. I don't think you'll see too many general brokerage firms in ten years."
Prakas has worked with industry luminaries like The Restaurant People, The Falcone Group, The Buckhead Life Restaurant Group, David Manero Restaurants, The Tavern Opa Group of Restaurants, DeVito South Beach, LLC, Bice Restaurant Group and more.
Tom Prakas can offer insight on nearly any hospitality related issue. He is often quoted as an authority in commercial brokerage, hospitality brokerage, hospitality operations, the hospitality real estate industry, entrepreneurial issues, the overall health of the hospitality industry and more. He is media trained and speaks articulately about and directly to your subject.
