Another shop on the blocks
The venerable Tea Spot has a sign up on the cash register announcing their demise. Sad. The location is a bit awkward. You’d think the ice rink plaza would get more foot traffic but it’s just enough out of the way to be relatively unvisited. The Tea Spot sign says that the owners are doing well in their wholesaling business so that’s where they’ll focus their efforts from here forward, the end of the lease being a good time for them to pull away from the retail shop. New owners could jump in on favorable lease terms (seems like business leases are going ridiculously cheap in Boulder right now) and an already-completed buildout.
So where does that leave the Boulder coffee shop scene?
- Amante for sale
- Playgrounds for sale (and closed until somebody buys it)
- Organica folded about 6-9 months ago
- Sidney’s just sold
- Tea Spot closing
Who is doing well? The obvious ones (meaning they’re always full):
- Amante NoBo
- Folsom St. Coffee
- Laughing Goat
- Logan’s (full all day though?)
- The Cup
- Saxy’s (but see recent post decrying the “success“)
- Starbucks (hahaha) … actually, only the Hill location seems to be consistently busy
- Vic’s (Ideal)
shop transactions
From the fact file and the rumor mill:
Sidney’s just changed hands, from Trish to wife-husband team Heidi and Matt.
Amante is up for sale. The rumor price we heard initially was $1.3M, but I’ve since heard something more like $700K. (Good luck with that. There aren’t that many wannabe euros here.)
Playgrounds (we never got around to posting a review) closed doors in late 2008, the owners trying to find somebody to buy it. The rumor price we’ve heard is absurdly low, so low I’m not even going to print it. The owners of the shop also owned the NoBo space and spent oodles on the build-out (obvious if you’ve been), and are offering to either sell the space or lease.
