Bruised by Denverites’ post-pandemic reluctance to return to offices, Ink Coffee has gone from a 16-location success story with $5 million in annual revenue to a bankrupt company of four cafes that could soon be sold for $300,000 — a price some see as “artificial.” “The COVID-19 pandemic turned off its business like a light switch,” its lawyers say. Ink began in 1994 when a self-described ski bum named Keith Herbert returned from Italy, where he’d learned to make coffee, and began selling it from a steel cart in Aspen.
Similar Stories to Ink Coffee, Bankrupt And Down To Four Stores, May Be Sold To Grocer on Bing News
Justin Wingerter, Denver Post: Living
Wed, 10/09/2024 - 5:00am
Topics: the covid-19 keith herbert italy aspen december since ink coffee s leevers supermarkets castle rock save-a-lots leevers locavore west avenue chris leevers halloween boria capital ink both boria u.s bankruptcy judge kimberley boria s related articles japan-based boulder long-running panera street mall ultreia split lip sleazy french south broadway cherry creek shopping center california national jewish health s university blvd aurora august andrew johnson gabrielle palmer onsager fletcher johnson subscribe stuffed denver ink coffee the ink it a ink ink ink s sept chris leevers leevers s leevers u.s trustee s office newtek tyson restaurants food drink ink s stores sold grocer bid million employees money business interview price return success workers requests firm closing told buyers month prospective
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