The Denver Post - - BUSINESS - By An­thony Hahn

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.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.