Two Existing Restaurant & Bars for Sale with Real Estate
Business Description
Two (2) Existing Restaurant & Bars for Sale with Real Estate included (1 location only) in the heart of Downtown/Main Street of beautiful Palisade, CO! 357 Reloaded AND 357 Bar & Grill (2 separate locations) are both full service restaurants specializing in gourmet burgers and wings at affordable prices. They also have a fully stocked bar, making both the go-to spot for ballgames and different events for the local community. 357 Bar and Grill is a long-standing Restaurant & Bar located in Palisade and COMES WITH the property located right on Main Street consisting of a total of 2452 SF. Also included is THE 2ND Restuarant & Bar, 357 Reloaded, located in the busy I70B corridor off of Patterson and I70BL, this site comes with leasehold interest only, with a total of 2316 SF of seating and kitchen area - located in the heart of all the retail and Food&Bev action with some of the highest traffic counts retail sales #'s in Grand Junction. For both businesses, all FF&E and Assets are included, as well as all Goodwill, Inventory, IP, branding, etc. Turn-key business operations in place for new ownership. Each location may be purchased seperately under the following terms: 357 Reloaded (business only) @ $150,000. 357 Bar & Grill (business and real estate) @ $749,000.
About the Business
- Years in Operation
- 10
- Employees
- 10
- Facilities & Assets
- 357 Bar and Grill is located at 235 Main Street in beautiful Palisade, CO (property included in the sale) right on Main Street - consisting of a total of 2452 SF including a wide open seating area, large full-service bar, and fully equipped kitchen. 357 Reloaded (2nd location, leasehold interest only), is located in the busy I70B corridor off of Patterson and I70BL, with a total of 2316 SF of seating and kitchen area - located in the heart of all the retail and Food&Bev action with some of the highest traffic counts retail sales #'s in Grand Junction.
- Website
- https://357barandgrill.com/
- Market Outlook / Competition
- These locations primarily service the local Clifton and Palisade marketplace (81504 & 81526 zip codes). While there are many QSR and sit down options in Clifton (81504) there is near to none in terms of sports bars that specialize in the same approach and food as 357 Reloaded, which helps separate them from other food options in the area. Palisade (81526) has low competition when it comes to food, especially when considering bar and grill options, helping 357 Bar & Grill capture a good portion of the food market for Palisade, CO.
- Opportunities for Growth
- Marketing would be a huge opportunity for growth. The existing ownership has done very little to no marketing for the restaurants, and has relied heavily on word of mouth. The presence of activity of the bar could be increased through more promotion and focus on that side of the business. Extending business hours, bringing in more bar-type attractions (pool tables, darts, etc), advertising different discount and specials, and providing more promotion of events and big games could also greatly increase business from their target market.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 2,452
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Owner to stay on for reasonable amount of time needed for training.
Listing Info
- ID
- 2391911
- Listing Views
- 599
Business Location
Listing ID: 2391911 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleColorado Businesses for SaleColorado Food & Beverage Businesses for SaleColorado Bars & Taverns Businesses for Sale
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