After the PlumpJack Group pulled out of the deal to purchase Luna Park earlier this year, with co-owner Hilary Newsom deeming the deal "too problematic," the future of the Valencia restaurant and bar was uncertain. The restaurant originally went up for sale after owner A.J. Gilbert expressed concerns over the impending minimum wage hike, with plans to close for good by the end of 2014. However, despite the failure of the deal with PlumpJack and the dreaded minimum wage increase, the restaurant has remained open for business.
Now, Inside Scoop reports that a new buyer might actually be closing a deal in the near future. According to a liquor license transfer the new buyer is Bill Clarke, owner of neighboring Mission Beach Cafe. And though Gilbert told Scoop he's not sure what Clarke is planning, it seems likely that the spot —listed as "Thin Place" on the new liquor license— will be a continuation of the Luna Park concept.
For now, Luna Park continues to operate as usual. We'll keep you updated on any new details as they become available.