DENVER — The Colorado Restaurant Association says Denver’s minimum wage increases are partly to blame for the recent wave of restaurant struggles and closures hitting the Mile High City.For the past year and a half, Matias Gutknecht has been serving drinks and meals at his Five Points restaurant, Taco Uprising.
“The past several years have been incredibly challenging for Colorado restaurants, as they’ve had to absorb minimum wage increases on top of soaring costs for food, liquor, property taxes, rent, credit-card swipe fees, utilities, and more,” said Colorado Restaurant Association CEO Sonia Riggs, “Using the capital as an example, Denver’s tipped minimum wage has risen almost 90% since 2019 and the non-tipped minimum wage is up almost 65%, leaving area operators with less and less in an industry...
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