Calvaneso Sells City Grill, Closes Men's Store
Steven Calvaneso, a well-known Buffalo entrepreneur who has launched a number of city and suburban restaurants during his career, is shrinking his holdings to a single restaurant location. The Buffalo News has the full story, but it's clear the one-time mayoral candidate has faced struggles with his many operations. As a result of these moves, Calvaneso is left with Bacchus Wine Bar & Restaurant on Chippewa and his catering operation at Babeville.
Months ago, Calvaneso closed The Ultimate Men's Shop on Delaware Avenue. The store, which brought some retail hope to the downtown area, carried high-end lines shoppers couldn't find in other city stores. Early after it's launch, Calvaneso reported that the store was experiencing significant revenue growth but apparently that wasn't enough to make the operation profitable.
Calvaneso is a rare local businessman who has launched restaurants in both the city and the suburbs. While he's currently limiting his holdings, we're hopeful we'll see him continue to innovative and create new small businesses.