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Now there is one less celebrity owned restaurant

March 4, 2012   ·   0 Comments

Nassau Bahamas (www.hospitalitybusinessnews.com) March 4, 2012 – Actor Morgan Freeman has closed his Mississippi restaurant after 10 years of losses.

The Madidi Restaurant in Clarksdale, which was operated by Freeman and his business partner Bill Luckett, officially closed on February 29 2012.

Luckett says in a statement, “We thank the many who dined with us over the years… The restaurant has never made money. It was never about the money to us. Success is not always measured in financial gains…

“There is a satisfaction in helping your community and exposing people to something they haven’t been exposed to. We set out to offer an experience. Thanks to Morgan, and to me to a lesser degree, we had the capital to do that.”

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