Business
ILLEGAL Restaurant Group Inc. (IBGR) Announces Purchase of Cafe Colore Assets and Opening of Third ILLEGAL BURGER Location in Downtown Denver
ILLEGAL Restaurant Group Inc. (IBGR) Announces Purchase of Cafe Colore Assets and Opening of Third ILLEGAL BURGER Location in Downtown Denver.
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[{"type":"text","content":"\n\n\n\nILLEGAL Restaurant Group Inc. (IBGR) Announces Purchase of Cafe Colore Assets and Opening of Third ILLEGAL BURGER Location in Downtown Denver\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nILLEGAL Restaurant Group Inc. (IBGR) Announces Purchase of Cafe Colore Assets and Opening of Third ILLEGAL BURGER Location in Downtown Denver\nPR Newswire\nDENVER, June 24, 2015\n\n\n\nDENVER, June 24, 2015 /PRNewswire/ -- ILLEGAL Restaurant Group Inc. (OTC: IBGR), through funds allocated from its recent credit facility with TCA Global Master Fund, purchased the assets of former restaurant Cafe Colore located in the prestigious Downtown LoDo District of Denver, Colorado. \n\nPhoto - http://photos.prnewswire.com/prnh/20150623/225085 \n\nCafe Colore has been a long time staple of Writer's Square and ILLEGAL Restaurant Group is proud to have the opportunity to continue this great location's success by now opening an ILLEGAL BURGER in its place. Through this recent acquisition of assets, IBGR is already in the process of renovating this third location. This will be the largest restaurant to date for the ILLEGAL BURGER and Bar Fast Casual Chain with an indoor seating capacity of 78 and an outdoor patio area that seats 70. \n\nWriter's Square is located within the heart of Denver's LoDo District, which has become one of the anchors for Downtown Denver, and the \"go-to\" place for shopping, restaurants, entertainment, and nightlife. ILLEGAL BURGER is located one block away from the famous 16th Street Pedestrian Mall; across from Larimer Square, as well as across the street from Denver's premier comedy club, Comedy Works, and 3 universities: the University of Colorado DBS, University of Colorado-Denver, and University of Colorado DAC. This new location will allow ILLEGAL BURGER to serve patrons from these universities, various surrounding office buildings, condos, daytime shoppers, and nighttime entertainment patrons.\n\nJim Nixon, CEO of ILLEGAL Restaurant Group Inc., and Founder of ILLEGAL BURGER, stated, \"This will be our largest expansion project we have taken on to date. In...