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Bay St.s Myhres getting a new owner
Myhres Restaurant and Lounge, a Bay Street mainstay since the 1920s, has a new owner after almost eight decades.
Im really happy, said Dick Rylander, who has owned the establishment for 45 years.
The previous owner, his father, owned the restaurant for 30 or 35 years.
I found the right person to take over this business, he said. Someone with a little wherewithal.
Rylander has been anxious to sell for many years, but said he needed to find just the right person to turn his lifes work over to.
Ive had many opportunities to turn (Myhres) over to other buyers, Rylander said. It was up for sale twice before. I was too anxious to sell and the quality of the people who were interested showed it.
Though Rylander was reluctant to discuss the new owners, he did say that John Lora and his wife Melinda will be arriving in Port Orchard on Monday afternoon.
He does not know whether the business will retain its name and traditional restaurant fare.
I have no idea, Rylander said.
The original building was brought by barge from Gorst. It was originally a private residence, then became H.A. Davies General Store in 1895.
The restaurant later erected on the site was destroyed by fire in 1963, but was replaced exactly as it had been.
Although the specifics of the sale have not been made public, the propertys total value for 2005 was set at $1.5 million, according to the Kitsap County Assessors Office.
This year, the owner will owe $16,405.30 in property taxes.
Rylander said he will likely do some traveling after relinquishing control of the restaurant.
Im going to enjoy myself, do something else, Rylander said. Running a business, particularly in downtown Port Orchard, requires a lot of energy.
I think its really great for Dick Rylander, said Port Orchard City Councilmember Bob Geiger. He wanted to get someone else to run it, someone who has the energy.
Geiger said he hopes this is a start of an increased interest in downtown Port Orchard.
Im sure that the operator will make every effort to implement anything that will attract customers, Geiger said. Its good for downtown.