McClain And Partners Put Spring For Sale
By Chuck Sudo in Food on May 6, 2010 7:30PM
The business partnership between Shawn McClain, Peter Drohomyrecky and Sue Kim-Drohomyrecky has been slowly dissolving over the past year. McClain decided to retain the vegetarian-focused Green Zebra while also focusing on Sage, his restaurant in Las Vegas' Aria hotel; while the Drohomyreckys now own Custom House Tavern outright.
Which leaves Spring. Steve Dolinsky reports on Vocalo today that the three have finally agreed to sell the Wicker Park seafood restaurant after months of contentious back-and-forth between McClain and the Drohomyreckys. Spring is now listed with Simons Restaurant Exchange, which has handled the real estate transactions for mk and the soon-to-close Tizi Mellou.
The cost to own the critically lauded Spring? $300,000, including the space and liquor license. Simons Restaurant Exchange owner Doug Simons told Dolinsky that the list price is a steal; a restaurant of Spring's caliber would cost $1-1.5 million to start from scratch.
Looks like we picked a bad time to stop playing the lottery.