LOUISVILLE EATERY CLOSES ITS DOORS
Louisville’s Madera Grill, a Main Street haunt, shuttered its doors last week amid slumping sales.
Madera — a self-described native restaurant with homemade American meals, local beers, a rooftop patio and popular Sunday brunch — opened less than two years ago.
“We gave it our best shot,” Madera owner Steve Stoneman said this week. He opened the eatery at 817 Main St. in January 2015. “We had a two-year operation, but we just ran out of money.”
Neighboring mainstays Waterloo and Zucca Italian Ristorante also have reported slow sales.
“My understanding is that most restaurants there are down double digits this year,” Stoneman said. “And with me being the new kid on the block, I just couldn’t sustain it.”
Waterloo’s sales dropped in 2016 despite an influx of patrons into the area, owner Josh Karp said.
“I’ve definitely noticed less overall business across the board,” Karp said. “I don’t know the reasoning behind 2016 being a very different year.”
Karp said Waterloo will persevere, with a few changes: “We hope to be here for a long time. But we’ve revamped our menu.”
Madera Grill was on Main Street in Louisville less than two years.