RWBooneJr Posted August 25, 2015 Share Posted August 25, 2015 Could someone in the business please explain for us why, if it's absolutely clear that a restaurant isn't going to reopen, they say "Closed for renovations?" Is it to stave off creditors? Are there some other reasons? I can see an owner wanting to hang on until all possible avenues have been explored, but this happens nearly *every time* a restaurant closes. So what are the possible reasons a restaurant would do this? Speaking of this, the original Palm Restaurant is not reopening: "Miss Steak? Palm Restaurant Selling Original 2nd Avenue Location" by Rich Bockmann on therealdeal.com Link to comment Share on other sites More sharing options...
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