Fort Collins Mayor of Old Town Bar, Business for Sale
The owners of The Mayor of Old Town are putting the building and business up for sale.
Kevin and Barb Bolin have decided to put their business and adjoining property at 632 S Mason St. up for sale after a 10-year-run. In a post on Instagram, Kevin Bolin said when they bought and opened the bar, the plan was to only run it for 10 years.
He went on to say that it's time for him and his wife to "look to the horizon and make plans to achieve our (new) plan."
Kevin Bolin also said that because they own the business and the building, it gives them more options and flexibility for the sale:
Barb and I are in a unique situation in that we own the building and the business. This is an opportunity for someone…maybe someone you know. We can sell the building, we can sell the business, we can sell both together. We can sell the building without the business and continue to run the business as a paying tenant.
If you're interested in the property or want to find out more, call Kevin Bolin at (970) 227-7149.
First and foremost, let me convey to you that we (The staff, Barb and I) miss you all very much and we hope for your continued safety during these weird times. Hopefully when this is all over, we can meet up for a beer some afternoon? I wanted to let you know that Barb and I have decided to take this opportunity to list “For Sale” the Mayor of Old Town building and adjoining property in Old Town Fort Collins. If you know anything about us, Barb and I tend to segment our lives into 10 year “Chapters”. From the beginning, Barb and I had wanted to own the Mayor for 10 years and then hopefully pass it on to new owners who could run with it thereafter. The name of our holding company is literally NTYP or “Next Ten Year Plan”. As we approach the beginning of our 10th year of operation, we have to look to the horizon and make plans to achieve our plan. The way that we see it…while our business HAS to be shut down due to Covid-19, we should explore the market and see if we can eliminate some of the inherent issues that accompany selling a business and commercial real estate WHILE a business occupies the properties. Barb and I are in a unique situation in that we own the building and the business. This is an opportunity for someone…maybe someone you know. We can sell the building, we can sell the business, we can sell both together. We can sell the building without the business and continue to run the business as a paying tenant. At this time- we are lucky to have options. And, we hope to do something soon as our staff stand by. Let’s take this time, flip the situation and see if we can help somebody realize their dream of owning this nationally recognized bar and craft beer destination. This property is co-listed with Jason Billings at the Group. It is currently only showing on commercial sites but will be coming to IRES soon. Please call Jason at (970) 581-6444 or myself at (970) 227-7149 if you are interested in finding out more information. Most information can be found on the attached flyer. Serious inquiries only please. Mayor Flyer Available at: https://bit.ly/MayorLink1 #fortcollins .. #mayorofoldtown . #craftbeer #tgi #thegroupinc #investmentproperty