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SAUGUS (CBS) – After more than 50 years in business, it appears that the Hilltop Steakhouse may be closing its doors.
The famed landmark restaurant on Route 1 is slated to shut down on October 20, as first reported by industry blog Boston Restaurant Talk.
The Phantom Gourmet also made mention of the news on its Facebook page.
In a letter to the town of Saugus, Hilltop management pointed to a decline in business in recent years.
“Over the past several years we have seen a dramatic change in the volume of our business. Tremendous efforts have been made over this period by our management and staff with the cooperation of the town to make improvements and overcome this decline,” the letter said. “However, the continued change in the demographics of our customer base, increased competition and the increased cost to run this fabulous landmark has been too great to overcome.”
The letter noted that Hilltop’s Butcher Shop in Weymouth will continue to operate.
“In closing we would like to express our sincere gratitude to all the departments of the Town of Saugus and its wonderful residents for their support and patronage over the last 52 years,” the letter added.
WBZ NewsRadio 1030′s Carl Stevens reports
The steakhouse had been featured in the past as one of the best steakhouses in the country.
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