Palmer’s Bar owners: ‘The situation was no longer sustainable’

The owners of Palmer’s Bar took to Facebook late Wednesday to offer a “better, more complete explanation” behind their decision to close the 119-year-old business.

Pat and Sarah Dwyer cited the “current economic environment, people’s changing drinking habits, and the challenges of losing so many other bars and businesses” in the Cedar-Riverside neighborhood. They said Palmer’s has been losing between $10,000 and $30,000 per month.

“The situation was no longer sustainable,” the Dwyers wrote. “We cut expenses as much as possible and adjusted prices where we could and it just wasn’t enough to climb out of the hole we were falling into.”…

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