Either there is something that we don't know about or the new owners did not have the financial means to start the business. It appears that new restaurants in the lakes region take some time to build a clientele and become profitable. Of note, Oasys was only open for about 6 months before they shut down...they appeared to put quite a bit of money into the building.
I guess that Blazin Bill's fizzled out. Clearly no blaze of glory.
Jetskier