Posts Tagged ‘endangered’

1828 Kittery, Maine “Frisbee’s Market” in Danger of Closing

Thursday, February 5th, 2009

..David and his brother, Frank Frisbee II, turned over the reins to the sixth generation in 2001. Cindy and her brother, Frank III – known as Frankie, became the new owners. In 2006, a fire at the restaurant wrecked its summer season. In July, Frankie died from cancer. The recession and credit crunch have made it impossible for the two businesses to get loans or refinance debt, Cindy said. The family is reaching out to potential investors or lenders…”