LOUISVILLE, Ky. (WDRB) -- After 50 years, a popular seafood restaurant in Frankfort is closing its doors.

Jim's Seafood and Steaks announced on Facebook Tuesday that the restaurant has been sold to Buffalo Trace. It will continue to operate through Sunday, Oct. 13. 

Anyone with a gift card for dine in or carry out, or Candleberry candle purchases, can use them before Oct. 13. 

Gift cards can not be exchanged for cash reimbursement.

It's not clear what Buffalo Trace will be doing with the property.

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