Magic Lamp Inn changes hands

November 6, 2012 by  

The torch is being passed from the current owner to a new owner at the Magic Lamp Inn in Rancho Cucamonga soon. The restaurant, a fixture for nearly 60 years on the famous Route 66, has changed hands for the first time in almost four decades.

Anthony Vernola, who has owned and operated the famous landmark restaurant for 38 years, has made the decision to retire and pass the flame to another successful business owner, Sartaj Singh. Singh, who owns a number of restaurants in the area, will be leasing the restaurant with an option to purchase it.

Vernola and Singh have been acquainted for over a decade and, according to Vernola, Singh would occasionally offer to take the restaurant off his hands, to which he would simply wave off the notion and go about business. However, Vernola, after almost 40 years in the business, has decided it is time to concentrate his effort on other things.

When ownership of a business changes hands, some business materials may also need to be changed. Local print companies may be called upon to provide changes to business card printing and other business documents.

Vernola, who admits to being hesitant in the past about passing the torch to somebody else, remains confident that Singh will do well:

“I’ve seen restaurants go into ruins. I’ve invested too much into this place to have that happen.

“They’ll do good here. I know they will. They’re good business people and they know how to run a restaurant.”

With the Magic Lamp off his hands, Vernola will be able to invest more time in his other nearby restaurants, which include Antonino’s.