ROSEVILLE (CBS13) — A restaurant owned by Sammy Hagar is once again closing its doors in Roseville.

An announcement posted on the Sammy’s Island Bar & Grill corporate website announced the closure of the restaurant. The announcement, penned by Hagar, says the restaurant hasn’t been profitable enough.

He specifically pointed out $15,000 in donations that were made to the Placer Food Bank that the restaurant is not profitable enough to continue.

The restaurant originally opened as a crown jewel in the efforts to revitalized Downtown Roseville, but it closed down in November of 2013 when its owner Stephen Pease mysteriously disappeared. His body would be found weeks later.

The restaurant reopened last year, with Hagar himself taking over the lease. The restaurant hosted free outdoor concerts and events during the summer that helped raise money for charity to give back to the community.

But Monday’s announcement means that revitalization effort along Vernon Street may once again be in jeopardy.

The closure is the second music-themed restaurant to close in the area in less than two months. Toby Keith’s I Love This Bar And Grill abruptly closed in Folsom on New Year’s Eve. In a lawsuit, Folsom’s Palladio at Broadstone said the restaurant owed more than $260,000 in rent before it suddenly shut down.