Without new owner, The House may close
DeKALB – The right combination of managers and investors will have to come together in the next six weeks to keep the music playing at The House Cafe.
The owner of the cafe, which also serves as an art and music venue, is leaving the business for personal reasons, according to Fareed Haque, who owns the building at 263 E. Lincoln Highway in DeKalb. The House Cafe has leased space there for the past 12 years.
Haque said The House Cafe owner Jan Pascolini has decided not to renew her lease, which expires Nov. 1. He stressed that the cafe is financially sound, even thriving.
"This is a successful business," Haque said. "The House has not had any financial problems whatsoever. Jan has been a model tenant, but there are some changes in her life and she is not renewing her lease."
Attempts to reach Pascolini at the cafe late this week were not successful.
Haque said "a number of parties" have shown interest in taking over The House, but are seeking financial backing. He is hopeful that investors interested in owning a piece of the business might step forward to finance a potential owner.
Haque said some people have approached him with "radically different" ideas for the space. Those options are still on the table, but he would personally like to see The House Cafe continue. He said it offers a place for teens and young adults to hang out, and serves as a link between Northern Illinois University and the DeKalb community.
"The business is successful and has never had a problem meeting its expenses," he said. "I would certainly like to find someone to keep it going and hopefully take it to the next level."
Haque added that if potential investors contact him he can connect them with people looking for financial backing to buy the business.