The Internet's Largest Business for Sale Marketplace

The Wall Street Journal Online

One of the Best Restraurants on Rte 1 in Southern Maine

Portland, Maine (Cumberland County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $1,550,000 Inventory $50,000* 
Gross Income $700,000 Real Estate $800,000* 
Cash Flow $130,000 Year Established 1981
FF&E $360,000* Employees N/A

* included in the asking price

** not included in the asking price

This well-known established restaurant which opened in 1981, has been continuously operating for 29 years, serving quality food in a fun, unique atmosphere. Along with an ample indoor dining space that seats 250 people, there is also a function room, sports bar, an outdoor dining patio that seats 50, and a large paved parking area. Visit www.vinnys.com for more info.

Facilities: Vinny's East Coast Grille & Bar located on busy Route 1 in Ogunquit, Maine. The building has 8,346 sf and is on 1.4 acres with ocean views and frontage on busy Rte.1. The facility can seat over 250 customers.

Growth/Expansion: Current operation is seasonal. Open during the summer months for dinner only and fall months for lunch and dinner. Revenue can be increased by expanding hours and staying open during the shoulder months (spring and winter).

Support/Training: Owners will stay for 30 days full time during transition. And on a limited base for another 30 days.

Reason Selling: Retiring

Business For Sale By

Ed Herczeg

207-553-2491

KW Commercial

Contact the Seller

To inquire about this business for sale, click the Reply button below

Contact the seller about this One of the Best Restraurants on Rte 1 in Southern Maine

Recommended Resources

AD # 485459

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms & conditions before responding to any ad.

-- Advertisement --