According to a spokesperson for Albert's Montclair, the closing "is permanent and for sale. Basically too little and too late. September, as expected, was dismal and the break even was too high."
The restaurant, and everything in it, is for sale. The asking price is $300,000 (negotiable) with seven years left on the lease. According to the spokesperson, the landlord will offer a new lease to a qualified operator.
This just in: Albert's Montclair appears to be "temporarily closed for renovations."
We have reached out to Albert's and will update as soon as more information is available.