(KRON) -- A staple of a small Solano County community is shutting down after more than 60 years. The Point Restaurant is permanently closing at the end of the month, the establishment announced in a social media post. The Point's final day of service will be on Sunday, Dec. 28. The restaurant will remain open that day as long as guests keep ordering, it said. The establishment said it was unable to reach an agreement on its lease for the space on 120 Marina Drive. The Point also cited challenges in today's economy as a reason for closing. Beloved Walnut Creek Yacht Club might now have found its replacement It is with heavy hearts that we announce that The Point Restaurant will be closing. Unfortunately, we were unable to reach an agreement on our new lease, and with the challenges of the current economy, we've made the difficult decision to close our doors. We are deeply grateful for your support and loyalty over the past 50 years -- serving this community has been a great privilege for everyone involved. Thank you for dining with us, and being a part of our story. The Point Restaurant Video above: Plans submitted to replace beloved Walnut Creek Yacht Club A view of the waterfront in Rio Vista where The Point Restaurant is located. A photo of a prime rib plate at The Point Restaurant in Rio Vista. A plate of pasta from The Point Restaurant in Rio Vista. A view of the waterfront in Rio Vista where The Point Restaurant is located. Customers flocking to celebrity-chef founded restaurant after viral video The Point is open on Christmas Eve until 7 p.m. and is closed on Christmas Day. Normal business hours are 11 a.m. to 8 p.m. from Sunday to Thursday. The restaurant closes at 9 p.m. on Friday and Saturday. Locals and community members who visit the area expressed their sadness about The Point's closure. "Oh no, this is heartbreaking. This has been our go to place through the years when family visits to show them our beautiful Delta," a comment on the restaurant's Facebook post reads. "The Point team will truly be missed. We will be sure to visit one last time." Other comments include: I had the best lunch there today. Abby is the best server. Sad Day! We Love The Point!We can only Pray another Restaurant moves in! Huge Loss for Rio Vista!!!! So sad…Such a picturesque spot. Nooooo we wanted our rehearsal dinner to be here in October This crushes my heart! Horrible news during the holiday season. Thank you for many wonderful memories! The Point's origins date back to when Delta Marina Yacht Harbor was founded in 1959 by Jack, Richard, and Flossie Baumann -- 66 years ago. For years, the restaurant has been known for its prime rib. According to its website, The Point says it is one of the highest-rated waterfront restaurants in the California Delta. ...read more read less