BOULDER — The original Vic’s Espresso on North Broadway in Boulder will close June 30, as the landlord prepares to lease the space to another business.
The Boulder Daily Camera reports that the landlord, Austin Real Estate Services, opted not to retain Vic’s, which had been operating on a month-to-month lease.
While owning a building seems like something every successful business should do, that’s not always the case. For many companies, it makes more sense to continue leasing space, freeing up time and capital that can be better utilized in other ways.
Vic’s has been open at the 2680 Broadway location in the Community Plaza Shopping Center since 1992 and operates four other locations in Boulder and Louisville.