The Minturn Saloon Remains on the Market Despite Employee Effort to Purchase It

The Minturn Saloon at 146 Main Street in Minturn, a small town between Vail and Beaver Creek, has been the go-to destination for skiers and snowboarders after a long day on the mountain since it opened in 1976. Its current owners, Andy Kaufman and Steve Campbell, have been in the restaurant business since the 1970’s and purchased the restaurant in 1986. They renovated, enhanced the menu and developed the Saloon into the legendary institution it is today. Now, after 35 years, they are selling the Saloon to new ownership.

This news was received by the community with skepticism about the restaurant’s future. Locals fear new ownership by an outside investor would change what has become an integral part of their community. They want the spirit of the restaurant to remain and for the future owners to honor its history.

In late October, a group of employees started a campaign on GoFundMe; they were aiming to raise $500,000 through crowdsourcing in hopes of establishing a cooperative ownership model where some of the profits would be reinvested into the restaurant and the rest would be distributed among the employees. Some of the Saloon’s employees have worked there for decades and hoped that this type of ownership model would ensure an investment in the wellbeing of the business.

Soon after starting the campaign, an investor who owns a home in Minturn and is a longtime customer of the Saloon, reached out. They were interested in purchasing the restaurant and selling it back to the employees, but the two parties did not reach a conclusion and the Saloon remains on the market.

“Unfortunately it’s become kind of a non-story,” said Kaufman in regards to the GoFundMe, although he noted there is still a lot of interest in the sale.

The building dates back to 1901 and the real estate has seen three owners since then, including former Yankee Bob Cherry, who sold it to Kaufman and Campbell. When he owned the establishment, Cherry began putting up photos, including some of his friend John Wayne, which was the beginning of a now extensive collection of memorabilia hanging on the walls of the Saloon. Its employees see it as a museum as much as a restaurant and hope that it will someday be granted historical designation.

Kaufman recalls Cherry telling him and Campbell when they purchased it, “you got to make it better” and he says “that’s what I hope the next people will do, is appreciate the history and make it better”.

The Minturn Saloon, beloved by skiers, snowboarders and locals, has become a renowned institution over the last 35 years and the last thing the community wants is for its spirit and character to diminish under new ownership. Its dedicated employees and longtime owners have high hopes for the future of the Saloon, but they know it’s time for a new chapter: “It’s been a good long run. It’s been wonderful,” says Kaufman.