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Vines Grille bankruptcy: Cash offer on table to buy Restaurant Row staple

FILE PHOTO - Taxes and money

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

Vines Grille + Wine Bar, the Restaurant Row staple which filed for Chapter 11 bankruptcy in December, has a $175,000 cash offer from Euphoria Hospitality for its assets, excluding the name.

The sale aims to maximize creditor value, with a hearing in the U.S. Bankruptcy Court for the Middle District of Florida set for April 23 to approve the transaction.

Euphoria Hospitality has already made a $50,000 deposit, according to a recent court filing. Assets included in the deal range from furniture and equipment to the liquor inventory, leasehold improvements and social media accounts.

Click here to read the full story on the Orlando Business Journal’s website.

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