Adieux Cafe – Albuquerque, New Mexico (CLOSED)

For restaurants located in downtown Albuquerque’s Arts and Entertainment district, centered along Central Avenue and Gold Avenue west of First Street, downtown revitalization, a ten million dollar infusion of energy and creativity, has been both a dichotomy and a dilemma. Daylight hours bring a diverse swathe of white- and blue-collar diners to those restaurants, but after dusk, the downtown demographic is more of a “20-something” crowd, many of whom are more interested in the area’s bustling nightlife and youth-oriented clubs than they are in dining. While many downtown restaurants shutter their doors at dusk, others have embraced the youthful energy of the nocturnal crowd and their pursuit of bar-hopping, live music and social discourse. Among them is Adieux Cafe, a…

Gone But Not Forgotten

There are approximately 970,000 restaurants across the fruited plain and–according to 2012 figures provided by the National Restaurant Association–they account for $632 billion in sales per year. Opening a new restaurant is not, however, a lucrative proposition nor is longitude a certainty. According to market analysis, the average “life span” of restaurants can be tenuous. Up to 90 percent of independent establishments shutter their doors during their first year of operation. Seventy percent of those which make it past their first year cease operations in the next three to five years. Ninety percent of the restaurants operating beyond the five-year mark will stay in business for a minimum of ten years. Just think about all the restaurants across the Land…