Greeley Breakfast Club transfer approved; judge finds legal possession and good moral character
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Summary
The authority approved the transfer of a hotel-and-restaurant liquor license to Greeley Breakfast Club LLC after reviewing corporate documents, a lease with the property-owning entity MDSG LLC, and financing details; the applicants said they invested $5,000 and obtained a KeyBank loan.
The Greeley Liquor Licensing Authority approved on June 13 the transfer of a hotel-and-restaurant liquor license to Greeley Breakfast Club LLC at 2109 Ninth Street, finding the LLC is of good moral character and has legal possession of the premises.
Why this matters: the authority must be satisfied about both the applicants’ character and their legal right to occupy a location before a transfer of a license is processed and sent to the state.
Record and evidence: applicant Dakota Soefer provided articles of organization, an operating agreement showing 50/50 ownership, and a lease with MDSG LLC (the entity that purchased the property). Soefer explained he and his partner invested approximately $5,000 of personal funds for pre-closing work and that the business obtained a KeyBank loan of about $94,000 to finance opening. Zedaph Fletcher and city reviewers confirmed fingerprints were filed and no criminal histories were found for the owners.
Decision: Judge Gonzales said he was satisfied all materials connected the corporate entities and that the lease established legal possession; he approved the transfer and instructed the clerk to transmit the license to the state. The applicants said they planned to open in July.
Ending: The clerk and city attorney raised no outstanding objections; the authority directed staff to attach the judge’s signature and forward the license to the Colorado Liquor Enforcement Division.