Catylist ID:
#30851636
| Catylist Listing ID: | 30851636 |
| Property Subtypes: | Food and Beverage |
| Building Size (RSF): | See Agent |
| Sale Price: | $680,000 |
| Name of Establishment: | Fast Eddies Drive In |
| Gross Revenue: | $774,789 (Annual) |
| Cash Flow: | $323,195 (Annual) |
| Last Updated: | 4/16/2024 |
Overview / Comments
|
Welcome to Fast Eddie's Drive In, a beloved cornerstone in the heart of Winthrop! This iconic restaurant has been delighting the local community and visitors alike with its mouthwatering menu for decades! Step back in time and experience the nostalgia of a classic drive-in, where friendly service and delectable food harmonize seamlessly. From the moment you pull up, you'll be transported to an era of vintage charm and timeless traditions. Fast Eddie's Drive In has not only been a beacon of comfort and joy but has also achieved remarkable financial success, boasting gross sales of over $750,000 during its six-month season(s). This consistent and robust revenue stream makes it an appealing investment opportunity for discerning entrepreneurs. Moreover, Fast Eddie's Drive In has ingrained itself deeply within the Winthrop community. Generations of families have forged cherished memories here, and its inviting ambiance has cultivated a sense of belonging for all who visit. From community events to fundraisers, this restaurant has been actively engaged in giving back and supporting local initiatives. Whether you're an aspiring restaurateur seeking a thriving business or simply yearning for a taste of authentic Americana, Fast Eddie's Drive In is the destination of choice. Don't miss your chance to own a piece of Winthrop's history and carry on the tradition of culinary excellence and community spirit! *New Roof Installed Prior to Close |
Attachments & Media
Additional Details
| Nearest MSA: | Lewiston-Auburn |
| County: | Kennebec |
| Industry Segment: | Restaurants |
| Value of Inventory Included ($): | $0 |
| Value of Furniture, Fixtures, and Equipment ($): | $100,000 |
| Real Estate Status: | Real Property |
| Value of Real Estate Included ($): | $0 |
| Growth/Expansion Opportunities: | Extension of Season, Liquor License, Longer Hours of Operation |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 5,763 | 11,385 |
| Median Age: | 43.86 | 44.46 |
| Households: | 2,413 | 4,689 |
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