Business and Real Estate Opportunity

This listing is for a combined existing established business and the downtown property in Pagosa Springs Colorado.

Pagosa Bar is an iconic local upscale dive bar situated in downtown Pagosa Springs. Colorado. It is across the street from the San Juan River and the Springs Resort which is Pagosa Springs signature resort and geothermal hot springs that brings in an estimated 375,000 visitors annually.

Pagosa Bar has been a local establishment catering to tourists and locals since 1938! The existing liquor license extends behind the bar as well to the new PB Backyard area which has been improved with a small bar top patio, decking, music venue availability, picnic tables and Adirondak chairs, fencing, decorative lighting and a rear entrance. There is an abundance of parking both in front of (across Pagosa Street) and behind the bar.
In addition to being one of the highest retail sales of Coors products in southern Colorado (PB sells a LOT of beer!), the bar features draft beers, specialty drinks, pool tournaments, multiple TVS for game watching, full surround sound music inside as well as in PB Backyard, karaoke, live music and happy hours! It is a great place to enjoy happy hour, live music or just pop in after a long day of shopping on Pagosa's main drag.

The bar was completely renovated and upgraded in early 2023 but still maintains its dive bar charm. So much is new in the bar and it is evident when you visit. The bar looks great! We have received so many compliments regarding the renovations. Extensive inventory is included with the sale asset/inventory list available upon request) including everything on site: all furniture (all interior and exterior furniture is new),security system (13 cameras), audio system and TVs, two pool tables, liquor, beer (kegs and bottles/cans), and mixers, ice machines, refrigerators, coolers, small pizza oven, stainless tables, sinks, drinkware, apparel, all neon signs, all of Pagosa Bar signage, etc. The transition would be effortless. It will be completely stocked as it stays now. List of all distributors, contacts, etc, would be provided. Transition training, if needed, is available. PBs hard working staff is the best in town.

If you have ever wanted the opportunity to own a well established bar in Colorado, Pagosa Bar is well worth consideration. The bar has a great vibe, great local patrons, great seasonal patrons (in all seasons). Our patrons come to Pagosa Springs to enjoy the spring/summer weather/San Juan River as well as the winter/Wolf Creek ski resort (which receives the highest amount of snow than any other area in Colorado). It truly is a prized local dive bar and has weathered the test of time! It is a great opportunity for an owner-operator or continued absentee ownership.

Pagosa Bar real estate includes the downtown commercial lot improved with the existing Pagosa Bar. The building and all renovations/upgrades were permitted and approved with the city. The lot is a zero lot line and has the potential for additional building area based on the zoning. There has also been kicked around the idea of adding a roof top bar which would have an amazing view of the PB downtown area!

Peaked your interest? Only really interested parties please respond. An NDA would be required.