Grange Hall Sells to Leading Adult Nightclub Operator
Houston-based RCI Hospitality Holdings, Inc. purchased Troy Guard’s Grange Hall, located at 6575 Greenwood Plaza Blvd. on Dec. 19, as part of RCI’s expansion in the greater Denver area. RCI paid $5.2 million, consisting of $1.875 million in cash and a 5-year, 6.67% bank financing note with a 25-year amortization, according to a RCI press release.
With more than 60 units, RCI Hospitality Holdings, through its subsidiaries, is the country’s leading company in adult nightclubs and sports bars/restaurants.
The popular food hall includes a full-service bar, brewery, and videogame arcade, as well as the associated real estate, in Greenwood Village.
The food hall at the popular 12,500-square-foot location offers sushi, charcuterie, Italian artisanal sandwiches, Korean dumplings, Mexican dishes, ramen, pizza, and Mediterranean specialties.
RCI plans to add a mini Bombshells kitchen featuring its famous wings and salads as well as many of its popular appetizers and use the brewery to create its own, signature craft beers for sale in other RCI locations to further differentiate its brands in Colorado.
Recently, RCI announced the acquisition of sites in Aurora for a Bombshells and in Central City for a Rick’s Cabaret Steakhouse and Casino, adding to the company’s five adult nightclubs in Denver.