The Prakas Group Brokers Joint Venture for Il Marco's The Eire Restaurant Group and South Florida Entrepreneur Taylor Smith

Il Marco to officially close doors tonight; Re-launch planned for early September

BOCA RATON, Fla., March 1 /PRNewswire/ -- Il Marco officially closes its doors tonight, paving the way for a brand new concept to surface this September.

Tom Prakas, founder of The Prakas Group today announced a formidable new joint venture between Il Marco founder Mark Spillane, CEO of The Eire Restaurant Group and South Florida Entrepreneur Taylor Smith.

Prakas explains, "New plans are in store for Il Marco's location situated at Restaurant Row in east Boca Raton."

Spillane, a recognized philanthropist and founder of The Eire Companies, a national commercial properties developer along with The Eire Restaurant Group, owners of Moquila and The Don Room restaurants, says he is extremely excited to have the opportunity to joint venture with Smith.

Smith, a Boca Raton based entrepreneur, will not divulge details of his plans for the venue at this time but explains that monumental efforts will be in the works for the high profile establishment.

"What's to come will absolutely be a phenomenal new concept for the area. Taylor is sure to take this market by storm when people see what he's getting ready to unveil," says Prakas.

Further details to be released later this month.

For more information on the developments of this story please contact Michelle Soudry at The Gab Group, 561-750-3500 or email msoudry@thegabgroup.com

The Prakas Group, Inc., established in 2000, provides brokerage services for restaurant, nightclub and commercial properties throughout all of Florida's metropolitan areas and strategically located properties throughout the country. Other clients of The Prakas Group include The Falcone Group, Boca Tanning Club, Danny DeVito of DeVito's South Beach, Lake Buena Vista Resort Village and Spa, David Manero Restaurants, Johnny Rockets, Rodney Mayo, Tarpon Bend Restaurants, Gotham City, and Mama Mia's, just to name a few.

The company is located at 705 East Palmetto Park Road, Boca Raton, FL, and at 7380 Sand Lake in Orlando. For more information, contact The Prakas Group at (561) 368-0003, or visit the company's website at http://www.prakasgroup.com

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Source: The Prakas Group, Inc.

CONTACT: Michelle Soudry at The Gab Group, +1-561-750-3500,
msoudry@thegabgroup.com, for The Prakas Group, Inc.

Web site: http://www.prakasgroup.com/

2008-03-01 17:33:34 0302164 PRNEWSWIRE