Developer’s SLO bowling alley failed. Now his tapas restaurant is closing after 5 months

Developer’s SLO bowling alley failed. Now his tapas restaurant is closing after 5 months

  The owner of a new San Luis Obispo tapas restaurant — whose downtown bowling alley and entertainment center project fell through last year amid controversy — has temporarily shut down the eatery after just five months.   The seafood restaurant Branzino, inspired by Spanish and Californian cuisines, closed Aug. 2, pending a potential sale or recapitalization…

Back to Insights

Developer’s SLO bowling alley failed. Now his tapas restaurant is closing after 5 months

 

The owner of a new San Luis Obispo tapas restaurant — whose downtown bowling alley and entertainment center project fell through last year amid controversy — has temporarily shut down the eatery after just five months.

 

The seafood restaurant Branzino, inspired by Spanish and Californian cuisines, closed Aug. 2, pending a potential sale or recapitalization of the business, owner Jeremy Pemberton said.

 

“We’re in limbo right now,” Pemberton said. “I’ll know more on Monday.“

 

Pemberton said he’s meeting with potential buyers, but he acknowledged no agreements have been reached yet.

 

Get full access to The Tribune content across all your devices.

 

A recapitalization, the restructuring of the business’ financial makeup, could allow Pemberton to keep it under his ownership, he said.

 

Branzino opened in March at 1122 Chorro St. in the commercial space formerly occupied by Pluto’s restaurant, which closed in December 2017.

 

Article Written by Nick Wilson of TheTribune https://www.sanluisobispo.com/news/business/article233686297.html

 

Photo Courtesy of The Tribune

 

Related posts

  • Restaurant Closing for Fast Casual Chain Operators: A Strategic Guide to Equipment Liquidation

  • A Strategic Facility Closure Plan for Los Angeles Restaurants

  • Your Guide to a Strategic Restaurant Facility Closure Plan in Arlington, TX

  • A Strategic Guide to Your Restaurant Facility Closure Plan

  • The Ultimate Food Hall Closure Guide: Managing Vendor & Shared Equipment

  • The Ultimate Kitchen Decommission Checklist for Romulus, NY Operators

  • The Ultimate Kitchen Decommission Checklist for Orlando Operators

  • The Ultimate Commercial Kitchen Decommission Checklist for Restaurant Operators

  • Kitchen Renovation for Catering Companies: How to Manage Your Equipment Transition

  • A Los Angeles Operator’s Guide to Restaurant Facility Decommissioning

Related posts

  • Restaurant Closing for Fast Casual Chain Operators: A Strategic Guide to Equipment Liquidation

  • A Strategic Facility Closure Plan for Los Angeles Restaurants

  • Your Guide to a Strategic Restaurant Facility Closure Plan in Arlington, TX

  • A Strategic Guide to Your Restaurant Facility Closure Plan

  • The Ultimate Food Hall Closure Guide: Managing Vendor & Shared Equipment

  • The Ultimate Kitchen Decommission Checklist for Romulus, NY Operators

  • The Ultimate Kitchen Decommission Checklist for Orlando Operators

  • The Ultimate Commercial Kitchen Decommission Checklist for Restaurant Operators

  • Kitchen Renovation for Catering Companies: How to Manage Your Equipment Transition

  • A Los Angeles Operator’s Guide to Restaurant Facility Decommissioning

The latest from our blog

  • Restaurant Closing for Fast Casual Chain Operators: A Strategic Guide to Equipment Liquidation

    Closing a restaurant is always a complex process, but a fast casual chain restaurant…
    Read More
  • A Strategic Facility Closure Plan for Los Angeles Restaurants

    Closing a restaurant in the hyper-competitive Los Angeles market is a uniquely challenging task….
    Read More
  • Your Guide to a Strategic Restaurant Facility Closure Plan in Arlington, TX

    Closing a restaurant in the bustling and competitive Arlington, Texas market presents a unique…
    Read More