Published: Mar 16, 2011 11:18 PM EDT
Updated: Mar 16, 2011 8:18 PM EDT

CAPTIVA ISLAND- A Southwest Florida staple is changing hands.

The owners of Barnacle Phil's sold the popular restaurant last week.

Wednesday, the new owners, along with volunteers took down all the one dollar bills that blanketed the walls, ceiling, and fans at the restaurant.

For 25 years people have been taping money to the wall at Barnacle Phil's.

There's an estimated eight thousand dollars blanketing the restaurant.

While the new owners renovate, the money is coming down and being donated to a good cause: the Sanibel Captiva Conservation Foundation.

"We're always interested in conservation," said Charlie Skinner, new owner of Barnacle Phil's.

Skinner and his wife bought Barnacle Phil's on Friday and wasted no time getting down to business.

The foundation is going to use the money to help get rid of the Brazilian Pepper tree.

"That plant is the number one worse plant we have in the state," said Chris Lechowicz, Wildlife Habitat Manager at Sanibel Captiva Conservation Foundation.

Though the pepper tree is easy on the eyes, it grows everywhere and is harmful to other plant life.

"There's many other small shrubs and grasses that die when the pepper tree gets in, because it over takes the whole area and the sun is not able to get down to the ground level," Lechowicz said.

The State Park on North Captiva is home to many different animals and exotic plant life.

The foundation wants to protect it.

All this money from Barnacle Phil's will help them do it.