denver · local

Denver restaurant closes after five years of declining sales

Original headline: “‘It hasn’t gotten better’: Carmine’s owner dishes on McGregor Square closure”

Why this matters

Carmine's at McGregor Square is closing after five straight years of shrinking revenue, according to owner Brad Ritter. A high-profile location did not offset the slow bleed, and the operator held on long enough to confirm the trend was permanent, not temporary. For Denver indie owners, this is a reminder that a landmark address can mask a broken unit-level P&L for years before the math forces the decision. If your sales have declined two years in a row, the third year rarely fixes itself.

What to do

Pull your last three years of monthly revenue and plot the trend line before you sign any lease renewal or commit to another season.

Reveal Newsroom · Auto-published from businessden →

Published Tue, 28 Jul 2026 14:08:07 GMT