Local Eateries Experience Limp Economy

by Arkansas Business Staff  on Monday, Oct. 6, 2008 12:00 am  

In case you haven't noticed, Crew Restaurant & Bar in the Pleasant Ridge Town Center has closed for good. Lou Schickel of Schickel Development hopes to have a new restaurant in soon.

The restaurant wasn't open long enough for a year-over-year comparison. In April, the last month it reported, the restaurant pulled in $64,879.

All of the closures, sales and proposed sales of restaurants lately have your Whispers staff curious about how other places are faring in the limping economy.

Here's a look at the year-over-year comparisons of revenue of some upscale eateries around Little Rock for August, which is the month most recently reported:

• Brave New Restaurant is down 1.9 percent from last year to $119,349;

• Capers, down 6.8 percent to $93,574;

• Ciao Baci, down 4.3 percent to $28,939;

• Ferneau, up 28 percent to $86,084;

• Gypsy's Bar & Grill, up 3.8 percent to $28,481;

• So Restaurant-Bar, down 37.5 percent to $50,266;

• Sonny Williams Steak Room, down 6.6 percent to $147,135;

• Trio's Restaurant, down 4.1 percent to $143,406;

• Acadia Restaurant, down 7.2 percent to $27,877; and

• Restaurant 1620, up 6.1 percent to $64,433.



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