Wine Cask Sold Without Los Olivos Restaurant

After more than 25 years in business, Wine Cask owner Doug Margerum has sold his company to healthcare mogul-turned-restaurateur Bernard Rosenson, who’s owned and operated the Sky Room in Long Beach 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.

Fess Parker simply wanted his restaurant back, according to his daughter and spokesperson Ashley Snider. “It was really a matter of my folks wanting to be calling the shots again,” said Snider. “It was just a business decision, nothing personal, just business. My parents are very excited to be back in it.”

It clearly wasn’t a deal-breaker for Rosenson, who said, “Listen, if someone doesn’t want to do something, how you gonna make him do it? I go with the flow. Look, I understand, and if I were him, I would do the same thing.”

Login

Please note this login is to submit events or press releases. Use this page here to login for your Independent subscription

Not a member? Sign up here.