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Actor Morgan Freeman and his business partner are ending their 10-year run as owners of an upscale restaurant in the heart of the impoverished Mississippi Delta.

Freeman’s partner, attorney Bill Luckett, told The Associated Press that Madidi Restaurant in Clarksdale was scheduled to have its closing party Wednesday night.

In separate statements, Luckett and Freeman said the restaurant had helped spur redevelopment in Clarkesdale.

Freeman said have they have watched downtown Clarksdale take on a new life and they “are proud to have been a part of that.”

Yet Luckett said the restaurant “has never made money,” and neither he nor Freeman has the time to run and manage it.

The restaurant offered what Luckett called “Americanized French” cuisine, a good wine list and fancy tablecloths and silverware.