Flagstaff House Co-Owners Secure $8.3 Million Property Deal

BREAKING: The iconic Flagstaff House restaurant in Boulder, Colorado, has a new ownership structure following an $8.3 million acquisition of its building and land. Co-owners Adam Monette and executive chef Chris Royster finalized the purchase on December 22, ensuring the restaurant’s esteemed legacy continues.

Monette reassured loyal diners that the renowned cuisine and ambiance will remain unchanged. “We wanted to maintain the security of the restaurant and put ourselves in a position to provide everything Flagstaff House offers into the foreseeable future,” he stated. This commitment comes as a relief to a community that has cherished the establishment since its inception in 1971.

The sale was made from Scott Monette’s FH Partners LLC to Monette and Royster’s House Hospitality LLC, keeping the restaurant within the family after over half a century. Adam Monette is the grandson of founder Don Monette, who passed away just months prior to the sale on February 14, 2023, at the age of 85. His legacy continues through the new owners, who aim to elevate the restaurant’s status further.

Adam began his journey in the family business as a teenager, while Royster, a Food Network “Chopped” champion, has a rich culinary background that includes leading prestigious kitchens in Boulder County. Together, they envision taking Flagstaff House to new heights, pledging to enhance both service and dining experience.

Flagstaff House is not just a restaurant; it has been recognized as one of the 15 most beautiful restaurants in the United States by Trips to Discover and was the only Colorado eatery listed among OpenTable’s “Top 100 Romantic Restaurants in America” last year. The breathtaking views from its 6,000-foot elevation offer diners a stunning perspective of Boulder below, enhancing the dining experience.

“We are going to strive for greater heights in service and upkeep,” Adam Monette emphasized. “We want to be the best restaurant in the world, the place where Boulder can come and where Boulder has a piece of this place.”

This significant transition comes at a time when the restaurant industry is facing numerous challenges, but Monette and Royster are determined to navigate these waters. Their dedication to maintaining the restaurant’s tradition while innovating for the future is set to resonate with both long-time patrons and newcomers.

As the news spreads, diners and industry insiders alike are eager to see how this ownership change will shape the future of one of Colorado’s dining treasures. Stay tuned for updates on this developing story, as Flagstaff House continues to play a pivotal role in the Boulder dining scene.