The owners of The Mint, 4652 Scotts Valley Dr., were not able to come to a new agreement with their landlord and may soon close the popular Scotts Valley eatery.
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Barring a miracle, The Mint, a popular restaurant and boutique in Scotts Valley for the past decade, will soon be a thing of the past.
After negotiating a new lease through the summer months with Lutz Network & Power Group LLC, talks fell through and The Mint had to vacate the space, according to Ed Gladder, who owns the eatery with wife Kelly.
“The bottom line is property management is not interested (in having a restaurant here,)” Gladder said. “That sealed the deal. It’s time for us to move out of here.”
The final day serving meals will be Nov. 18. From then until Dec. 1, when the lease is up, Gladder will sell The Mint’s furniture and equipment.
Although he doesn’t have high hopes, Gladder said he is open to keeping the restaurant around for locals.
“If someone comes up with a place for us to move, I’ll consider it,” Gladder said, adding that he is not aware of any vacant restaurant spaces in Scotts Valley.
One of the principal obstacles facing The Mint during lease negotiations was the lack of parking. Over the years the types of businesses renting in the two-story building have changed and require more parking spaces.
Originally, Gladder was in talks with his landlord to construct a building in the vacant lot next door and reopen The Mint. However, Gladder said that after examination, that option also lacked sufficient parking.
If no restaurant opportunities arise, Gladder said he will likely make a transition to back to the wine industry, where he worked before opening the popular eatery. His wife, while experiencing health challenges, may pursue a job as a baker.
As the days toward closing wind down, Gladder said he has begun telling customers what to expect.
“We’ve experienced tears to rage,” Gladder said, speaking of customers’ reactions. “People are very upset that we are leaving.”
It’s a bittersweet ending for Gladder.
“I haven’t had a day off in years,” he said. “But it’s been great getting to be a part of the community.”

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