Fan bar keeps its comeback streak alive

The Republic Restaurant & Bar at 2053 W. Broad St. (Photo by David Larter)

The Republic Restaurant & Bar at 2053 W. Broad St. (Photo by David Larter)

The Teflon isn’t just on the pans at the Republic Restaurant & Bar.

The embattled Fan bar reopened Thursday, meaning that Richmond’s most resilient restaurant of the past year has survived two state lockouts for back taxes, a bankruptcy and a lawsuit.

Owner Antonio Hawkins said he’s worked out a deal with the state to begin operating the restaurant again, but he would not give details. Hawkins also came to terms with his former partners at Metro Grill, just a few blocks away from the Republic on North Robinson Street.

In November, Richard Masters and Travis Bacile sued Hawkins, accusing him of withholding profits and inappropriately commingling money from the Republic and Metro Grill.

Keith Pagano, an attorney for Bacile and Masters, confirmed in an email to BizSense that his clients had bought out Hawkins stake in Metro for an undisclosed amount and that they would not go forward with the lawsuit.

Hawkins said business at Republic was decent Thursday, after being closed for more than a week.

“It was a good opening night but an average Thursday,” Hawkins said. “I’d say about 80 percent of the regulars showed up.”

Hawkins said he was using the opportunity to tighten up the ship.

“It was always a [cash-flow] positive restaurant,” he said. “But things weren’t strapped down enough. A lot of money was spent on frivolous things. I think we’ve got things working the way we want them now.”

The Republic Restaurant & Bar at 2053 W. Broad St. (Photo by David Larter)

The Republic Restaurant & Bar at 2053 W. Broad St. (Photo by David Larter)

The Teflon isn’t just on the pans at the Republic Restaurant & Bar.

The embattled Fan bar reopened Thursday, meaning that Richmond’s most resilient restaurant of the past year has survived two state lockouts for back taxes, a bankruptcy and a lawsuit.

Owner Antonio Hawkins said he’s worked out a deal with the state to begin operating the restaurant again, but he would not give details. Hawkins also came to terms with his former partners at Metro Grill, just a few blocks away from the Republic on North Robinson Street.

In November, Richard Masters and Travis Bacile sued Hawkins, accusing him of withholding profits and inappropriately commingling money from the Republic and Metro Grill.

Keith Pagano, an attorney for Bacile and Masters, confirmed in an email to BizSense that his clients had bought out Hawkins stake in Metro for an undisclosed amount and that they would not go forward with the lawsuit.

Hawkins said business at Republic was decent Thursday, after being closed for more than a week.

“It was a good opening night but an average Thursday,” Hawkins said. “I’d say about 80 percent of the regulars showed up.”

Hawkins said he was using the opportunity to tighten up the ship.

“It was always a [cash-flow] positive restaurant,” he said. “But things weren’t strapped down enough. A lot of money was spent on frivolous things. I think we’ve got things working the way we want them now.”

This story is for our paid subscribers only. Please become one of the thousands of BizSense Pro readers today!

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

Subscribe
Notify of
guest

0 Comments
oldest
newest most voted
Inline Feedbacks
View all comments