Panagakos Group Responds to Buster’s Closing Rumors
Mike Panagakos, of Panagakos Development, responds to the alleged closing of Buster’s Sports Bar & Grill.
Late Thursday afternoon, news broke that Buster’s was facing potential closing after a conflict with their landlord and lease agreement. The building on Rt. 6 in Dartmouth is listed on Panagakos Development’s site as “available” and there are “For Lease” signs on Buster’s property. However, managers at Buster’s wanted to assure their loyal customers and staff that they were working diligently to keep their lease and remain open at their current location.
Mike Panagakos, owner of Panagakos Development, told Fun 107 that while there is absolutely no conflict over money, production at the restaurant or popularity of Buster’s as a whole, that he was uncertain of the businesses’ future as one of the co-owners may be leaving to pursue other endeavors.
Panagakos feels that this particular co-owner is so integral to Buster’s current success and future growth that he feared that without them, Buster’s would ultimately fail. Panagakos stated that his group has tried to work with Buster’s, whose lease was officially up in November, but that he feels the departure of a key player in the ownership group would make it impossible for Buster’s to continue to thrive.
Buster’s will remain open for the time being and management and staff are urging people to come in, use their gift cards and enjoy some of their Buster’s favorites.