After almost 20 years in Burbank, the Riverside Café will serve its final meal on Sunday as it closes because of a dwindling number of customers, and because the owner says he can no longer afford to invest in the failing business.
Matt Peek took over ownership of the café at 1221 W. Riverside Drive in October 2009 from its original owners, Paula and Michael Kidby, who continue working as customer service manager and chef, respectively.
But Peek said that since the recession hit, the restaurant has seen fewer and fewer patrons, particularly from nearby movie studios during lunchtime.
“Sales have gone down for way too long,” said Peek, who was a waiter at the restaurant when he purchased it. He had saved money from some successful acting jobs and asked another investor to also help bolster the business financially.
Peek said closing the café is a difficult decision, but he has lost too much money and needs to walk away from the venture.