Saladarity, which was owned by Hospitality Salad Co., was an offshoot of Denver-based Green Fine Salad Co. (Courtesy of Green Fine Salad Co.)
The owner of a downtown salad restaurant filed for Chapter 7 bankruptcy Tuesday.
Hospitality Salad Co. owned Saladarity, a name that it trademarked, according to a 2014 article in Westword. Saladarity was an offshoot of another restaurant called Green Fine Salad Co.
The restaurants were fast casual and their marketing emphasized healthy eating. Green Fine Salad’s two locations closed before the pandemic.
The 42-story building at 707 17th St., shown center right, was the home of Saladarity. (BusinessDen file)
Kevin Neiman, a bankruptcy attorney for Hospitality Salad, said the pandemic hurt Saladarity, which was in the City Center complex at 707 17th St.
“The short answer is, it was COVID related,” he said of the bankruptcy. “The traffic downtown, particularly the occupancy in the building where (Saladarity) was located, was dramatically down and there just wasn’t the customer traffic that the company needed.”
Bob Allison, owner of Hospitality Salad, said he had nothing further to add.
Chapter 7 bankruptcy usually involves a selloff of the debtor’s assets. Hospitality Salad Co. has about $300,000 worth of assets and owes nearly $372,000, including about $173,000 to its landlord, according to its bankruptcy filing. Its restaurants earned $237,620 in gross revenue in 2020 but none in the years since.
Saladarity, which was owned by Hospitality Salad Co., was an offshoot of Denver-based Green Fine Salad Co. (Courtesy of Green Fine Salad Co.)
The owner of a downtown salad restaurant filed for Chapter 7 bankruptcy Tuesday.
Hospitality Salad Co. owned Saladarity, a name that it trademarked, according to a 2014 article in Westword. Saladarity was an offshoot of another restaurant called Green Fine Salad Co.
The restaurants were fast casual and their marketing emphasized healthy eating. Green Fine Salad’s two locations closed before the pandemic.
The 42-story building at 707 17th St., shown center right, was the home of Saladarity. (BusinessDen file)
Kevin Neiman, a bankruptcy attorney for Hospitality Salad, said the pandemic hurt Saladarity, which was in the City Center complex at 707 17th St.
“The short answer is, it was COVID related,” he said of the bankruptcy. “The traffic downtown, particularly the occupancy in the building where (Saladarity) was located, was dramatically down and there just wasn’t the customer traffic that the company needed.”
Bob Allison, owner of Hospitality Salad, said he had nothing further to add.
Chapter 7 bankruptcy usually involves a selloff of the debtor’s assets. Hospitality Salad Co. has about $300,000 worth of assets and owes nearly $372,000, including about $173,000 to its landlord, according to its bankruptcy filing. Its restaurants earned $237,620 in gross revenue in 2020 but none in the years since.
