Popular Brewery announces bankruptcy after 9 years
Joyride Brewing, a longstanding establishment at the intersection of 25th Avenue and Sheridan Boulevard, announced on Friday its intention to seek bankruptcy protection after a decade of operation. News of the bankruptcy comes after several Denver breweries have closed this year due to financial reasons.
Dave Bergen, a co-founder of the brewery, shared this news in a video posted on Instagram. He emphasized his commitment to transparency and honesty with their clientele by making this declaration public. This news may come as a surprise for fans of the brewery due to the popularity of the venue. News of the bankruptcy proves that customers don’t always know what happens behind the scenes.
Despite the announcement, the brewery has remained open and will be for the foreseeable future. This move isn’t too uncommon if the day-to-day operations can be met by the operating staff. However, it goes without saying that the long-term future of the establishment remains unclear.
The brewery, launched by Bergen and Grant Babb in 2014 at 2501 Sheridan in Edgewater, later expanded to include a rooftop patio offering views of Sloan’s Lake. Bergen, known for his active involvement in the local brewery scene, has also held the position of president of the Colorado Brewers Guild.