Johnny Ray's BBQ Under New Ownership

2012-08-10

A local restaurant legend, Johnny Ray's has been sold to a new investment and ownership group in Central Alabama.  Johnny Ray's was founded and its first location opened in the Roebuck section of Birmingham in 1953 by Johnny Ray, Sr.  The chain is famous for its open pit barbecue, the delicious desserts (including Honey's Pies) and its home-spun customer satisfaction.  At one time there were as many as fifteen (15) locations sprinkled throughout the Greater Birmingham Area, but now only four (4) franchised locations remain.  However, the new owners, Johnny Ray's BBQ, Inc. plan to start selling new franchises immediately and is optimistic about the future expansion of the brand.  The new owners intend to eventually open a corporate office and training facility in Birmingham, AL.  Alton Shields of Infinity Biz & Realty Solutions brokered the sell of the franchise, and David Jamieson of DJ Law LLC was the closing attorney.

e-Source Capital Funding Group is Born!!

2012-03-01

Today The INFINITY Cos., Inc. launched its latest business venture, e-Source Capital Funding Group (e-Source).  e-Source will provide funding options for commercial and investment real estate customers with unique credit challenges and assist them in funding acquisition as well as corporate restructuring, corporate credit and tax consulting.  The main focus is providing real estate ownership consulting to encourage and strengthen retention of the subject properties. On a limited basis e-Source will provide loan modifications for commercial real estate clients with real investment or holding companies.  The Corporate Credit Program will be incorporated into the e-Source portfolio of helpful tools for its clients.  In addition loan modifications, effective budgeting techniques, business finance and financial responsibility counseling will be offered to those clients in need of additional traiing.  Real estate ownership consultants have been certified through the Georgia Department of Consumer Affairs.  Every effort will be made to stem the largest transfer of real estate property ownership in the history of the USA.

Alabaster Dairy Queen Reopens as DQ Grill & Chill

2012-10-01

Alabaster’s Dairy Queen restaurant in the Colonial Promenade shopping center reopened its doors on October 1 under new ownership as a DQ Grill & Chill after closing several months ago.  The restaurant, which originally opened in 1960 on U.S. 31 in downtown Alabaster before moving to the Promenade several years ago, closed in early 2012 after longtime franchisee Tad Cairns retired.  After the store closed, Aimee Komonce said she decided to reopen the restaurant to continue the work Cairns started.  “We thought it was important to not let his legacy go away,” said Komonce, noting she will be the restaurant’s new operator.  Komonce attended corporate franchisee training sessions before returning to Alabaster to begin hiring “between 40 and 50” restaurant employees for the store.  The restaurant is located on the northern end of the Colonial Promenade near the AmStar movie theater.  Infinity Biz & Realty Solutions consulted on the lease acquisition of the restaurant.

Johnny Ray's Opens A New Store in Pelham, AL

2009-06-01

The Johnny Ray Companies, Inc., franchisor of Johnny Ray's, announce the opening of it's most recent franchise in the Pelham Towne Centre Shopping Center in Pelham, AL.  The restaurant is owned by Juliian Swinford, Swinford, LLC, a former franchisee and former co-owner of the Johnny Ray's-Chelsea.  Julian stated that he is confident that his previous experience as a Johnny Ray's franchise will bode well for him in his effort to serve the most delicious BBQ.  Dianne "Dee" Wood, owner of The Johnny Ray Companies, Inc. said she is ecstatic to welcome Julian back into the Johnny Ray's family and thinks that his store will be very successful.  Alton Shields of Infinity Biz & Realty Solutions handled the brokering of the franchise sale and the negotiations of the commercial real estate lease for the space with Sharp Realty Management, LLC.  The new store will occupy 3,200 square feet and represents a more modern look for the brand.

Infinity Group of GA Joins Forces with National Restaurant Funding

2011-12-01

To further shore up its ability to offer a full line of financial services products and small business consulting to clients in the restaurant industry Infinity Group of GA (IGG) has entered into a joint venture partnership with National Restaurant Funding, LLC, based in Greenville, SC.  Rebecca Watkins is the brains and heart behind National Restaurant Funding and is its Founding Member. National Restaurant Funding offers a variety debt instruments that includes, but is not limited to, short-term merchant loans, equipment leases and working capital loans.

Rebecca will work the lender and underwriting side of the business while Alton will work directly with borrowers to properly package their loan applications and provide operations consulting to select clients.  A team of Account Executives wil be fielded in strategic cities across the country to better meet the needs of its customers.

The INFINITY Cos., Inc. Launches Infinity Capital Solutions

2012-01-01

Today The INFINITY Cos., Inc. launched its latest business venture, Infinity Capital Solutions (ICS).  ICS will partner with Wallace Capital Funding to provide customers with a fantastic new product that will help companies take their business to the next level, the Corporate Credit Program.  Wallace Capital Funding, LLC is led by its Managing Director, Dominick Wallace.  The Corporate Credit Program will provide small to medium-sized businesses owners the ability to finally create business credit using the financial strength of their companies instead of always having to rely upon personal credit or personal guarantees.  A personal credit repair program will also be implemented by ICS to assist entrepreneurs through some of the credit bruising economic harships of the "Great Recession".

AMP Fitness Opens Its Doors in Bessemer, AL

2012-01-26

Today marked the first day of operations for AMP Fitness Center in the 59 West Shopping Center, Bessemer, AL.  The fitness center is owned by Julius Burrell, AMP Fitness, LLC, and marks the beginning of a new business era of sorts for Julius.  With over twelve (12) years of management and business experience as one of the top general managers for Riviera Fitness, Julius decided to take his unique brand of aerobics and wellness traning to the next level by opening his own fitness center.  He worked on perfecting his idea during his off-time while making sure that he sharpened his business acumen on his "day job". Infinity Group of GA helped bring AMP Fitness to life through its high intensity project management services while Infinity Biz & Realty Solutions negotiated the lease for the 3,891 square foot space on behalf of AMP Fitness, LLC.  The landlord is Victory Real Estate Investments of Columbus, GA.

Infinity Biz & Realty Solutions Brokers The Former Castle Cleaners Sell

2012-05-25

Congratulations to Pamela D. Allen, PDA Enterprises, LLC!!  Ms. Allen became the proud owner of the former Castle Cleaners located at 1720 3rd Avenue West, Birmingham, AL  35208.  The new dry cleaning business will be known as "Quality Cleaning for Less" and will serve the Five Points West trade area as well as all western Birmingham.  The former Castle Cleaners was open for nearly twenty (20) years in this location.  "Quality Cleaners for Less" is looking to continue this tradition well into the future by delivering outstanding customer satisfaction and focusing more on laundering services.  The transaction was financed by the previous owner, Mrs. Gladys Hildreth of Fairfield, AL; David Jamieson, DJ Law LLC, was the closing attorney; and Infinity Biz & Realty Solutions negotiated the brokering of the business sale and consulted the owner on the real estate portion of the transaction.