Poor Red’s sold to brothers
THE NEW OWNERS plan to install a new kitchen and expand the diner.
The sale of El Dorado's iconic restaurant closed during the week of Oct. 20-24 said Team Commercial Realtor Ann McQuillen. The restaurant — along with four other buildings including a barn, a beauty salon, a parking structure and a liquor store — sold for $777,500.
"It took a whole year to sell it, with all the liens that were on it," said McQuillen, "and the kitchen was so far out of compliance with the health codes that whoever bought it had to be prepared to put a lot of money into it to bring the ..." Continue Reading