Saturday, January 9, 2010

Decatur eatery serves, cuts costs


Decatur, GA

By Peralte C. Paul

The Atlanta Journal-Constitution

Opening a new restaurant in one the worst economies since the Great Depression had some people thinking Federico Castellucci III was crazy.
"In this time, banks aren't even going to look at us — a new restaurant opening in a nasty recession," Castellucci said of his family-run Decatur eatery, the Iberian Pig, which opened in October.

But Castellucci, whose family owns two other restaurants in metro Atlanta, built on an existing space on the Square by bartering services with contractors and other vendors.

He financed the opening through future sales and the fee he pays a trade exchange firm based in Lawrenceville, Castellucci said.

"We were able to barter a little less than half the opening costs. And today, that's huge," he said.

AJC FULL STORY

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