Longtime Boulder outdoor retailer Neptune Mountaineering is facing eviction in the face of nearly $70,000 in back rent left unpaid by its parent company.
A suit filed Friday in Boulder County District Court alleges that Texas-based Backwoods Retail,which purchased Neptune in 2013, has not paid rent since July 1, accruing $68,441 in debt.
While a deal to pay the balance is in the works, inventory shortages at Neptune and other Backwoods properties have led employees and customers to believe that the family owned chain is struggling financially.
W.W. Reynolds, which owns the space at 633 S. Broadway, filed suit through its subsidiary, Table Mesa Shopping Center Partnership LLC, seeking to evict Neptune.
Backwoods owner Jennifer Mull said she was working with Reynolds on a payment schedule to bring the rent current.
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