Totally agree. If the restaurant closed down due to lack of interest in that cuisine in the area, then it's probably not a good idea to try again.

I'd say the same if the last one just had really bad food or made people sick; it's hard to make people separate that from the physical location rather than brand. This happened to a Chinese place where I grew up. Health department shut one down, so someone opened a new one at the same location. It was really good and had a spotless health record, but most people assumed it would still have the same issues so it failed.