GREENWOOD VILLAGE, Colo. — America’s largest publicly traded owner of adult entertainment nightclubs has bought a Greenwood Village food hall and brewery that prodigious local chef Troy Guard opened just 15 months ago.
RCI Hospitality Holdings Inc. (Nasdaq: RICK) said in a news release that it paid $5.2 million for the Grange Food Hall, brewery and associated real estate. Guard in a separate news release described the offer made by RCI to his TAG Restaurant Group as “an offer we couldn’t refuse.”
>Video above: We look at the rise, fall & rebirth of brewing in Colorado, the struggles the industry endured & the drive to make the industry more inclusive.
While RCI did not say what the deal means for the businesses within the food hall, which include eight restaurants and the Little Dry Creek Brewery, Guard said in an email to Denver Business Journal that it is his understanding that the food stalls will remain.
RCI, meanwhile, said that it will put in a miniature kitchen of its military-themed Bombshells Restaurant & Bar, which has 12 Texas locations, and “use the brewery to create its own, signature craft beers for sale in other RCI locations to further differentiate its brands in Colorado.”
>Read the full story at the Denver Business Journal.
SUGGESTED VIDEOS: Latest from 9NEWS