Teresa's Restaurant Sold at Auction

By: Melissa Warren Email
By: Melissa Warren Email

"If everything works out and we get the paperwork completed, it'll probably never close. When everything works out, we'll just transition into our business from Teresa's business," said Chestnut.

A Bowling Green tradition, Teresa's Restaurant is known for it's home-style cooking and atmosphere. The man who purchased it at auction today says you can expect it to stay that way.

"The price today was a total of $321,000 and there are a couple of businessmen who bought this who have the Colonial Inn in Russellville Ky," said Top Dollar Auctions Owner Joe Houchens.

Teresa says it was time for her to move on and spend more time with family and friends, but she's glad to see it will continue on as a restaurant. The buyer currently owns the Colonial Inn Restaurant in Russellville, and says you can expect similar food.

"Definitely be home cookin'. I don't know to what extent, we'll just have to wait and see what the customers want," said Colonial Inn Restaurant Owner Tim Chestnut.

He says they're current specialty is fried chicken and they will bring that to the new restaurant, hopefully sooner than later.

"If everything works out and we get the paperwork completed, it'll probably never close. When everything works out, we'll just transition into our business from Teresa's business," said Chestnut.

Chestnut says they will probably keep the name "Teresa's" for a while during the transition, but that's not the only thing they plan to keep.

"If the employees there are good enough for Teresa, they're probably good enough for us," said Chestnut.

For now, they're keeping the name, the people, and the atmosphere, and Chestnut says he looks forward to business in Bowling Green.

Houchens says Chestnut will be able to close on the sale on July 26th. Teresa will continue operations until then.


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