Popular Bar goes up for sale after 10 years of business – And it could possibly close
The Silver Dollar, a distinguished restaurant and bourbon lounge, is on the market. Over the years, this has earned the reputation as one of the best bars in Louisville.
Shawn Cantley, the current proprietor, mentioned in a press statement that while overseeing the nationally acclaimed Frankfort Avenue establishment for over a decade has been fulfilling, he believes it’s time for a change in leadership.
“While I’ll always champion the Silver Dollar, with my business partner moving on and my recent 18-month involvement in another upcoming hospitality venture, I feel it’s the right moment for a new direction,” Cantley expressed in the release. Because of this, it’s possible that the venue could close down under new ownership or be turned into a completely different business altogether. Until the sale is complete, Silver Dollar will remain open for the time being.
The potential impact of the sale on the bar’s operational hours remains uncertain. The press note highlighted that while the restaurant has been profitable for the last eight years, there’s been a dip in revenue in the aftermath of the pandemic, attributed to shorter business hours and staffing hurdles.
Since its inception in the historic Albert A. Stoll firehouse in 2011, the eatery swiftly garnered attention for its blend of Southern dishes with a Californian flair. Over the years, it has received numerous commendations, especially for its bourbon assortment, even securing a spot in GQ magazine’s list of the Top 10 Whiskey Bars in the U.S.
