City Winery in Napa to close Jan. 1
City Winery announced it will close its Napa venue at the end of the year, conceding that it was unable to make the entertainment venture pencil out after pumping millions into operations and upgrading its facilities at the Napa Valley Opera House.
“While we anticipated a challenging market given the smaller local population and high tourist traffic, we thought we could at least achieve a cash-flow positive business within a couple of years. But no matter how hard we tried, no matter how much attention and staff we brought in to make it work, the velocity of business is just not there,” company founder and CEO Michael Dorf wrote in an open letter to the Napa community posted on the City Winery website.
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