Acclaimed Wine Cask restaurant transfers ownership but remains open
The highly honored Wine Cask restaurant in Santa Barbara has successfully transferred its ownership in a seamless business deal that began a year ago.
Owners Doug Margerum and Mitchel Sjerven have handed the reins over to Anda Ashkar who has been a partner in the operation. The duo of Margerum and Sjervan had been serving as restaurant and wine consultants.
The Wine Cask first opened in 1985, nestled in the historic El Paseo downtown. It has consistently been one of the top locations on lists of the finest restaurants in Santa Barbara, pairing fine dining with a variety of local wines from the award-winning region where the restaurant is located. It has often been a choice for special events and receptions.
Margerum is also announcing another significant move. The Margerum Tasting Room will be moving into the Hotel Californian in 2019. The location will have 22 foot high ceilings, a heated patio and mezzanine and opportunities for private parties and exclusive tastings.
The current Margerum Tasting Room at El Paseo will remain open until the new site is finished.
Nearby the Barden wine tasting room, also owned by Margerum, will stay open and feature wines from the prestigious Santa Rita Hills appellation.
Margerum has been producing wine for 36 years. The winery has received top honors for its Riviera Rose, Sybarite Sauvignon Blanc, M5 red Rhône-style blend, M5 White, ÜBER Syrah, single vineyard Syrah and Estate Syrah.
