CATCH OF THE DAY — Coalyard Charlie’s, 100 Depeyster St., was put up for sale and a buyer was found within a day. The iconic Erie Boulevard East restaurant will stay open, with the same name and same staff, said outgoing owner Robert Lamb. (Sentinel photo by John Clifford)
Coalyard Charlies off the table after single day on market
Coalyard Charlie’s, the iconic restaurant at 100 Depeyster St., was on the market for a day.
That’s how long it took for owner Robert F. Lamb to find a buyer after he finally decided to retire.
Lamb has been the owner of the restaurant for 31 years. “I’m getting about retirement age,” he said, noting that he continues to be involved in day-to-day management.
“I’ve been mulling it in my mind for the last three or four years,” Lamb said, finally deciding that the time was right to step away from the popular eatery.
So he put it up for sale. And after a day on the market, it was sold.
“I’m sort of startled with how quick this happened,” he added.
Lamb declined to say the sale price. The property is assessed for $175,400, according to city records. The public records on the sale are not available yet because it has not been completed. He said closing will take a few months.
Lamb said the new owner, which he also declined to reveal, intends to continue to run the restaurant, keep all employees on staff and keep the name.
As for Lamb, the Clinton resident will help with the transition then start enjoying retired life.