Cafe Maggie on North Fourth Avenue suddenly closed its doors over the weekend, with its owner telling the Arizona Daily Star he lost about $250,000 over its four years in business.
The breakdown of an expensive espresso machine was the last straw, owner Chander Vemulapalli said, adding that he’s now facing bankruptcy.
“I have kept this place running at a slow loss for 4+ years always hoping I could turn the corner. I have finally run out of resources. The last of my capital will go to paying my employees a small severance,” he wrote in a note posted on the door of the cafe at 745 N. Fourth Ave…