While I cannot comment on this specific situation I can see how a change of ownership can go bad.
The couple that invests most of their time in being there and actually working the business daily, for years, can make something work when their successors struggle.
I call it "buying a job".
New owners often carry a note to fund the venture.
New owners typically are not as savvy as the old owners, at least in regards to the specifics of the venture.
Suddenly it is discovered that the venture only works well enough to cover the note and other expenses if both owners are their daily working their tails off.
Then there is the help...
It is very hard to change ownership without losing some employees.
Finding replacements in this labor market is very difficult, unless you pay extra.
So now you have a new owner husband and wife team working ALL THE TIME, paying the help more, barely covering the bills and with little to put into their own pockets.
At some point it is discovered that putting forth that much effort in the employ of someone else's business pays better than being a business owner.
Again, I know nothing of what happened with this place but my comments above should serve as a warning to those who might be tempted to take on this type of business.
