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Wednesday, April 9, 2014

"Did you hear? Chico Madrid is closing!"

Posted by on Wed, Apr 9, 2014 at 4:45 PM

NO MORE SANGRIA MACHINE Cry!
  • Kelly O
  • NO MORE SANGRIA MACHINE Cry!

And my heart is breaking. No more yummy bonitos.

I live across the street and got the news when I went in for a coffee this morning.

Their last day is Sunday.

Paul Beaudet
Slog reader and teary-eyed foodie

I loved Chico Madrid so much from the minute it opened—less than a year ago!—I went there every day for a week. Recently, some new partners joined Jacob Daly in running the sweet, chic, and all-around awesome little cafe and wine bar near Bellevue, Bellevue, and Bellevue on the west slope of Capitol Hill: Dani Cone (Fuel, High 5 Pie) and Kamala Saxton and Roz Edison (Marination). Chico Madrid's Facebook confirms:

Friends – with heavy hearts, we must tell you that Chico Madrid will be closing its doors this Sunday, April 13th. It has been a remarkable year full of devoted regulars, welcoming press and kind neighbors, however we just haven’t reached a sustainable level of business. But we LOVE Chico Madrid and we want all of you to have one last chance to enjoy our delicious food and warm spirit before we close. Please join us this week – we’d love to see you to say thank you.

It's happening right on top of this... noooooooooooooooooooooo!!!!!

 

Comments (18) RSS

Oldest First Unregistered On Registered On Add a comment
fletc3her 1
There won't be any restaurants left at this pace!
Posted by fletc3her on April 9, 2014 at 4:54 PM · Report this
2
They must have closed because of 15now, how sad. Oh wait, 15 hasn't happened yet. I guess restaurants also close for other reasons!
Posted by Mmmark on April 9, 2014 at 4:58 PM · Report this
meanie 3
Everyone in the 15now comments like to talk about how easy it is to run a business.
Posted by meanie http://www.spicealley.net on April 9, 2014 at 6:15 PM · Report this
4
So, it opened less than a year ago, and it's already closing because hasn't yet reached a sustainable level of business?
Posted by stating the obvious on April 9, 2014 at 6:35 PM · Report this
seatackled 5
I thought the headline said something about Cienna Madrid. (Whom Bethany can probably talk smack about now, seeing as she's no longer in the office.)
Posted by seatackled on April 9, 2014 at 6:48 PM · Report this
Banna 6
State senator Michael Swango.
Posted by Banna http://www.ucp.org on April 9, 2014 at 7:02 PM · Report this
7
They should just relocate to some place more accessible. Terrific food there but it was a pain for most people on Capitol Hill to hike all the way down there just for a bocadillo.
Posted by Rhizome on April 9, 2014 at 8:22 PM · Report this
8
@3 obviously they went out of business because they were paying their employees an unsustainable wage
Posted by ishf on April 9, 2014 at 11:16 PM · Report this
Will in Seattle 9
First rule of restaurant retail is have enough capital to operate for 3 years before you make a profit

If you don't, cash flow and ebb and flow will kill you. And watch your unit cost & rent (lease)
Posted by Will in Seattle http://www.facebook.com/WillSeattle on April 9, 2014 at 11:45 PM · Report this
Kitts 10
Noooooo! I've been looking forward to eating there for months! It was going to be my first sandwich on my return to the US!
Posted by Kitts on April 10, 2014 at 1:49 AM · Report this
11 Comment Pulled (No) Comment Policy
Kinison 12
If good places like this cant raise prices a few dimes to keep them open, what makes people think that paying employees $15 an hour is going to be sustainable? People seem to think that all you need to do is raise prices a tiny bit to pay for the wage increase and here's a popular place thats closing down because they cant raise prices. Even if they managed to stay open, the $15 minimum wage would have easily shut them down.
Posted by Kinison http://www.holgatehawks.com on April 10, 2014 at 8:36 AM · Report this
guerre 13
@12 "we just haven’t reached a sustainable level of business"
Doesn't sound like it was all that popular.
Posted by guerre on April 10, 2014 at 9:15 AM · Report this
COMTE 14
Somewhere around 60% of small, owner-operated restaurants fail within the first year, for numerous reasons, but with incompetent management and poor location siting topping the list. Blaming this particular closure on a piece of legislation that hasn't even been enacted yet is simply egregious fear-mongering, not to mention being rife with logical fallacies.

But hey, thanks for playing. We'll send you the home version of the game...
Posted by COMTE on April 10, 2014 at 9:21 AM · Report this
15
Journalism! Cry!
Posted by UberAlles on April 10, 2014 at 10:40 AM · Report this
WaddyJones 16
Bummer, the world needs more Bocadillos not less. Still had not made it there. Spanish "fast food" is really one of the best ways to eat.
Posted by WaddyJones on April 10, 2014 at 11:51 AM · Report this
17
I think the economics of running a restaurant in Seattle just aren't favorable for this sort of place. Fixed costs are relatively high, so a restaurant generally has to go high-end, high-volume and/or huge to succeed here. Chico Madrid wasn't any of those things.

Maybe someone could have better luck with the 100 Montaditos model.
Posted by Sean P. on April 10, 2014 at 2:36 PM · Report this
WaddyJones 18
Holy shitsnacks! We need a 100 Montaditos franchise in Seattle ASAP. Somebody please get on that, I am too busy to get started in the restaurant business right now.
http://franchise.100montaditos.com/en-us…
Posted by WaddyJones on April 10, 2014 at 2:47 PM · Report this

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