Giacomo's Neighborhood Market in Bangor.

The new owner of Giacomo’s, the downtown Bangor eatery and grocery, is selling the business after less than a year.

Owner Matt Haskell confirmed to the Bangor Daily News that David Reesman is set to buy it later this week. The sale of the 1 Central St. establishment will be official on Sunday, Dec. 10, he added.

Haskell, who also owns a Blaze Restaurant in Bar Harbor, Finback Alehouse in Bar Harbor and Hoxbill Restaurant in Camden, said the sale is largely a matter of time commitments for him and his co-owner, Evelina Kacprzykowska. He declined to disclose the terms of the sale.

“It really is a place that needs to be owner occupied, and Dave can do that,” Haskell said. “Evelina and I are just so busy that we aren’t able to give it the attention it deserves.”

“I’ve wanted to have my own business for a long time, and when this opportunity presented it was just the right time to make the move,” said Reesman, who for the past two years was general manager at Haskell’s other Bangor restaurant, Blaze, and prior to that was manager of Margarita’s in Orono.

Reesman plans to close the business for a week or so, starting on Monday, Dec. 11, and reopen later in December under a new name, with a different concept. Reesman would not disclose the new name on Dec. 5, but will announce it in the coming weeks.

“We’re still going to do coffee and breakfast and lunch, but it’ll be a different concept,” said Reesman. “There have been a lot of changes to Giacomo’s over the past couple years, and I think a lot of people associate different things with that name. I think it’s time to move away from that and create something fresh and new.”

Reesman expects to move away from the grocery side of the business, and instead grow the eat-in element and seek a liquor license.

Giacomo’s has had a tumultuous year, with Brett Settle abruptly shutting the business down just before last Christmas, Haskell and Kacprzykowska buying it from him in January and then starting a five-months-long renovation of the building. Giacomo’s reopened in May.

Follow the Bangor Daily News on Facebook for the latest Maine news.

Emily Burnham

Emily Burnham is a Maine native and proud Bangorian, covering business, the arts, restaurants and the culture and history of the Bangor region.