Grande River Winery, Vineyards and Marketplace Development

Grande River Winery, Vineyards and Marketplace Development

Grande River Winery, Vineyards and Marketplace Development

Price: $790,000

Location: Palisade

Industry: Drinking Places (Alcoholic Beverages)

Listing ID: 20052605
DESCRIPTION

Grande River Vineyards is strategically located between a large hotel/resort, the busiest highway in Colorado, and the busiest intersection in the town of Palisade. Sitting on 5 acres, it is a highly visible winery at the intersection of Interstate 70 and the Palisade Exit. The warm tasting room atmosphere, the established summer concert series, the learning center vineyard, and the home of respected award winning wines, make this the one to own.

With the excess land and the adjacent 5 acres next to it, the property is well suited for a future mixed-use development that compliments the winery and vineyards. Possible uses could be a market, gift shops, restaurants/fast food/deli, a hotel, offices/residences, and more.

Price includes winery business, buildings, developed land, and the adjacent 5 acre mixed-use development parcel. Recent appraisals available to support asking prices.

Memorandum, video, and financial info upon completion of buyer profile.

LISTING DETAILS
Down Payment: $0

Total Sales:

Seller’s Discretionary Earnings (SDE): $65,000

FFE: $500,000

Reason For Sale:

Seller has a lot of business interests. Wants to divest and focus.

Training & Support:

Long training/transition period if needed. Seller is semi-absentee. All key employees are in place and plan to stay.

OPERATION
Year Established: 1990
Employees: 10

LOCATION

Square Footage: 7543

Facilities Information:

• 7543 Heated Sq. Ft
• 5780 Sq. Ft first floor tasting room, retail,
warehouse
• 1763 Sq. Ft second floor conference, offices,
storage, open balcony
• 2x6 Construction with 4’ concrete stem wall
• Town of Palisade water and sewer
• 3 dock high doors

SUMMARY

Competition:

Palisade is Colorado's wine country.

Potential Growth:

Palisade is already a well-known tourist destination, drawing guests for the wineries, fruit and ciders, brewery/distillery/dispensary, floating the Colorado River, and now the Palisade Plunge, that once completed this year, will be a 30-mile mountain biking trail starting at the top of Grand Mesa and ending in Palisade.

For more information on this listing, please complete our Non-Disclosure Agreement
CONTACT DEAL OWNER

Kevin Brooks

Phone: 9702169288


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