February 2019 will be a sad time for fans of the Heights location. Owner Tony Riedel has sold the property to local real estate developer Braun Enterprises, who plans to find a new tenant for the space. The Fallbrook location will remain open, and the restaurant plans to consolidate its successful catering business there, too.
Oh No....@hickory_hollow is closing! I need my #chickenfriedsteak fix before that. #abc13eyewitness
— Tom Koch (@TomKochABC13) August 21, 2018
"I've been at this for 50 years. I'll be 70 this year. It's time to step back," Riedel tells CultureMap. "I'm working towards that, which I imagine will be 2020 (when that happens). This is step number one."
Riedel explains that Braun approached him two years ago about the possibility of acquiring the 4,400-square-foot building and, most importantly for an Inner Loop restaurant, its spacious parking lot. He wasn't ready to sell then, but a couple of recent health scares have convinced him that the time is right to slow down and spend more time with his family. After some negotiating, they agreed on a purchase price last week (terms of the deal have not been disclosed).
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