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David Neary Sells Two Alpharetta Restaurants with EDGE Business Advisors

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Industry

Restaurants

Restaurants, Hospitality

David Neary, an experienced restaurateur and owner of two popular dining establishments in Alpharetta, Georgia, decided it was time to sell both businesses and transition to the next chapter of his life. With two separate restaurant sales requiring careful coordination, David needed an advisory team capable of managing multiple deals simultaneously while protecting his confidentiality and maximizing his return.

Results

Both restaurants were successfully sold to motivated new owners, achieving favorable terms for David while ensuring smooth transitions for staff and customers. David was able to exit both businesses on his timeline, confident that his legacy and community reputation were in good hands.

Key Product

Exit-Planning, Sell-side, Business Sale Advisory

henmothercookhouse.com
$5.4M+
Manage Spend
100+
Deals Completed
7.6x
ROI
$2M
Cost Savings

“Selling two restaurants at once was a big decision, and I wanted to make sure both ended up in the right hands. EDGE handled everything with professionalism and care. They understood what made each concept special and found buyers who could build on that foundation. I couldn’t have asked for a smoother process or better outcome.”

David Neary

ounder, Holmes Restaurant Group

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About Holmes Restaurant Group

Founded by David Neary, Holmes Restaurant Group became a defining part of Alpharetta’s dining landscape, recognized for its creativity, craftsmanship, and commitment to community. The group’s flagship, Restaurant Holmes, opened inside the historic Jones House at Alpharetta City Center and quickly earned acclaim for its inventive menu, modern design, and lively atmosphere.

Expanding on that success, Neary launched Holmes Slice, a neighborhood pizzeria that embodied the same bold spirit and attention to detail in a casual, family-friendly setting. Both restaurants reflected the group’s mission to deliver exceptional food and memorable experiences in approachable, authentic spaces.

In 2024, Restaurant Holmes was acquired by Hen Mother Cookhouse, a Michelin-recognized restaurant group known for its dedication to culinary excellence and community-driven dining. Around the same time, Holmes Slice was acquired by restaurateur John Cely and rebranded as CHAR Pizzeria, continuing its legacy as a local favorite in Alpharetta’s Halcyon development.

Through these transitions, the influence of Holmes Restaurant Group remains strong—its passion for creativity, quality, and hospitality continues to inspire Alpharetta’s vibrant restaurant community.

 

The Challenge

Selling two thriving restaurant brands simultaneously required precision and discretion. Each concept appealed to a different audience and had unique strengths, meaning EDGE needed to market and position them strategically while protecting staff confidentiality and maintaining day-to-day operations. David wanted a buyer who would not only meet his financial goals but also preserve the creative vision and culture that defined his group.

The Solution

EDGE Business Advisors conducted in-depth valuations and developed tailored marketing plans for both locations. Through the Buy Sell EDGE platform, the team discreetly presented the opportunity to a select pool of qualified buyers. Managing multiple negotiations in parallel, EDGE ensured clear communication, smooth due diligence, and alignment on closing timelines to bring both sales together efficiently.

 

“EDGE made a complex process feel manageable. They were knowledgeable, responsive, and always one step ahead. Selling two restaurants at once is no small task, but they delivered incredible results.”
— David Neary, Founder of Holmes Restaurant Group

The Results

Both restaurants achieved successful sales that reflected the strength of their brands and David Neary’s reputation for excellence. Restaurant Holmes was acquired by Hen Mother Cookhouse, a Michelin-recognized restaurant group expanding its footprint in Alpharetta with a commitment to quality and community. Holmes Slice found new life under John Cely, who rebranded it as CHAR Pizzeria, preserving its neighborhood charm while elevating the concept with his own culinary vision.

These transactions marked a rewarding conclusion for Holmes Restaurant Group, allowing David to exit on his terms while ensuring both restaurants continued to thrive under new ownership.

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