The Brass Elephant is expected to have a buyer by noon Monday.
That's according to Randy Stahl, part owner of the Brass Elephant and the restaurant's chef from 1980 until 2000. A group of potential buyers who signed a contract a month ago have until mid-day Monday to put up their money, Stahl said, and they've indicated it's a go.
"I'm fairly confident it will be done," he said. "I've been told all along the way, 'It's done.' I haven't seen an escrow deposit yet."
Stahl said the potential buyers are a group of investors who intend to use the space as a restaurant. He said they also have plans of some sort for the upper floors -- possibly office space or banquet space, he said, but he was just speculating.
"I don't know their names or what the concept will be," he said. "They're opening a restaurant and doing something with the third and fourth floors."
Sun photo by Lloyd Fox