Word: restaurante
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Dates: during 1990-1999
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Frank R. Cardullo, the owner's son, told The Boston Globe that the restaurant's sales fell from over $3 million a year in the early-to-mid-1980s to under $1 million last year.
The restaurant has been owned by Frank N. Cardullo since 1943. But the owner has lately been distant from the business end due to illness and age, according to the Globe.
Frank R. Cardullo told the Globe that the main reasons for the restaurant's demise were debt and the changing tastes of consumers.
The senior Cardullo had lost $1 million in the Cape Cod restaurant.
According to the Globe article, Cardullo said that the restaurant could not provide its 35 employees with severance benefits.