irvinehomeowner said:
Peppino's in Lake Forest, Mission Viejo and Foothill Ranch are supposedly closed for good and filing bankruptcy after over 30 years in business.
The Aliso Viejo location, which is owned by a different family (although similar menu) is remaining open.
Sad... really liked that place. They had other locations in Woodbury and Tustin but those didn't do well.
I really hope with those really long and established restaurants, the people closing didn't lose their retirement nest eggs, etc, since often times business owners have so much sunk into their businesses, and this was more of a matter of, at the end of the day, they are ready to retire, maybe don't have kids or family who want to take over the business, selling was an option, but maybe not a huge desire, and so with all of this, they viewed it more as a time to slow down and retire.