Colorado Springs News, Sports & Business

Gazette Premium Content Colorado Springs lunch and coffee spot closed after 14 years of brisk business

By Teresa Farney Updated: September 6, 2013 at 12:27 pm

Randy and Nancy Bolen, owners of The Peak Grill, 4423 Centennial Blvd., have thrown in the spatula. After 14 years (16 for Nancy, she had worked for the previous owner) of serving breakfast and lunch to a bustling crowd they found the economy too challenging to continue with the business.

"It was the economy," Randy said, "and soaring food prices the last three years - egg and bacon prices have doubled."

The lease on their restaurant space was ending and the landlord was increasing the rent.

"Everything has gone up," he said, "workman's comp insurance, utilities, phone, computer - everything."

Even though eggs have doubled in price they are still pretty inexpensive. So you'd have to sell a lot of scrambled eggs to keep up with the rising prices.

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