The Craftwood Inn has fallen victim to the ravages of recent fires and floods in Manitou Springs. Owner Dave Symonds closed the restaurant on Sunday.

Symonds bought the already established restaurant at 404 El Paso Blvd. in 2003. The space has been a restaurant since 1940.

He could not be reached for comment.

The closure was apparently sudden. As late as Sunday, restaurant chef Matt Schee represented the Craftwood at the annual Food and Wine Expo. "I just found out yesterday," said Schee, who has worked at the Craftwood for about six months. "I don't know what I'm going to do" next.

"I'm pretty sure that they could not recover from the last two summers. The fires and floods hurt business so much the last few years that Dave and wife Kathy could not keep up."

Steve Kanatzar, who is owner of The Airplane Restaurant, spoke on his friend's behalf.

"It's difficult to recover from catastrophic events," Kanatzar said of the summer fires and floods in Manitou Springs. "It makes everyone very sad when we hear of our friends closing their restaurants."

Kanatzar said Symonds intends to keep his other Manitou Springs eatery, The Stagecoach Inn, 702 Manitou Ave., open.

"I'm saddened to hear that Dave had closed The Craftwood Inn," said Marcy Morrison, former mayor of Manitou Springs and current president of the Historic Manitou Springs Chamber of Commerce Board. "It was a fine restaurant and liked by many. But he had to make a good business decision for he and his family,"

The move isn't indicative of the beleagured town's fate, however, said Morrison, who has lived in Manitou Springs for five decades.

"I've seen businesses come and go. We've had some rough patches that we didn't have control over. We're going through a transition phase trying to put one foot in front of the other."