Are Moody Street Restaurants in Trouble?
Local restauranteurs worry about eatery viability on Moody Street.
Some Waltham restauranteurs are expressing concern over a recent string of restaurant closings on Moody Street, according to the Boston Globe.
Several Moody Street restaurant owners told the Globe they were worried about the eatery turnover rate on Moody Street area in the wake of Boca Restaurant & Bar closing along with Sadie's Saloon and Upper Crust.
Tempo Bistro owner Erin Barnicle told the Globe it was worrisome to watch the three places close, but Waltham's License Commission Chairman Wayne Brasco told the newspaper the turnover rate has always been higher than in other towns as independently-owned restaurants come and go. Those eateries, he said, don't have well-financed companies to keep them afloat.
In total, eight restaurants have closed in Waltham over the past year, according to the Globe.
The recent closings happened amidst different backdrops. Boca's owner told the Globe he had sold the eatery to focus on his other business, while Upper Crust has filed for bankrupcy.
Despite the closings, Charcoal Guido's Pizzeria & Bar is expected to open soon, its owner Lou Giovanetti, said on Twitter recently.