Wine Cask Sold Without Los Olivos Restaurant
Owner Doug Margerum Sells to Bernard Rosenson; Fess Parker Reclaims Los Olivos Dining Room
Tuesday, June 12, 2007
In the evolution of Central Coast winemaking - from the first 18th century plantings of Spanish friars to the Sideways explosion of 2004 that made pinot a household varietal - the opening of Santa Barbara’s Wine Cask store and restaurant in 1981 is what really brought our region’s wines to the people’s glasses.
But after more than 25 years of selecting and selling the best regional wines to Southern California and beyond, owner Doug Margerum has sold his company to Southern California healthcare mogul-turned-restaurateur Bernard Rosenson, who’s owned and operated The Sky Room in Long Beach for the past nine years and will be opening the Yellow Rose in Summerland at the former Big Yellow House in the fall. However, when the deal closed on June 1, one key property was left out of the sale: the Wine Cask Los Olivos, which has been reclaimed and renamed Restaurant Marcella by Fess Parker, who owns the Wine Country Inn that houses the former Wine Cask.
Rumors about the Wine Cask’s sale had been buzzing for months. Those rumors, according to Margerum - who started the business with his parents and siblings when he was just over 21 years old before becoming its sole owner - were entirely false. But they generated quite a few real offers, including one pitch from an unnamed celebrity chef. “I had a lot of options to sell to a lot of different people,” said Margerum in April, when The Independent learned of the pending sale. But only one felt comfortable.
So, as Margerum explained in a letter to employees in April, he “decided to pursue a dialogue with the party that would most ensure the Wine Cask would continue to be the best restaurant in Santa Barbara.” Margerum elaborated, “It’s good for the company. It’s new energy, new investments, and he’s passionate about wine. He wants to put a lot of money into the wine list and infrastructure. That’s what the Wine Cask needs. The buyer is very committed to the staff and operations as it’s running. He only wants to make it better.”
That someone is Rosenson, 61, who retired last year after 30 years of owning and operating health care facilities. He entered the restaurant business nine years ago when he took over The Sky Room, one of Long Beach’s fanciest restaurants. (It happens to sit atop The Breakers, a historic 15-story former hotel that houses one of Rosenson’s retirement communities.)
As for the remodeling of the Big Yellow House, a longtime landmark in nearby Summerland, Rosenson hopes to open that as the Yellow Rose in September. And he’ll be opening Bernard’s - “for lack of a better name,” he quipped - in Calabasas next year. He calls this steady move into gourmet restaurants as his “end of life change.”
Rosenson’s enthusiasm for wine is clear. He owns a new vineyard and winery in Solvang under the name Rosenson-Van Tonder Wine Creations and, this June, is releasing his first wines under the label Coquelicot, which is French for “poppy.” They’ll be 2006 vintages of sauvignon blanc, viognier, chardonnay, and riesling. And next year, he plans on releasing the slew of reds that are currently in casks.
Doug Margerum’s winemaking logo.