1. Home
  2. Businesses for Sale
  3. New York
  4. Restaurant/ Cafes/ Diners
Business for Sale Summary

Landmark Eastern Long Island Restaurant | Grossing $1.56M - 37726

Business Type: bar/tavern/night clubs,misc. retail/non-classifiable,other eating & drinking places,other food stores,restaurant/ cafes/ diners
Landmark Eastern Long Island Restaurant | Grossing $1.56M
Get Instant Access to the Business Financial Information

Take Action

This Listing Has Not Been Added to Your Portfolio Add this listing to your portfolio to view confidential financial info
View Financials Free Get the Name & Address Click Here
*Some information is only available to registered members. Please login or register to view confidential information.
This business has received 3 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $250,000
Gross Revenues $1,560,000 Lease Remaining Register Free to View
Owner’s Cash Flow $205,000 Number of FT Employees Register Free to View

Financing

$250,000 Down and None

Business Description

Landmark Eastern Long Island Restaurant | Grossing $1.56M |

Exceptional opportunity to acquire one of Eastern Long Island's well-established and highly regarded restaurants. This destination dining establishment has built an outstanding reputation for outstanding food, exceptional service, and a loyal customer following. With a prime location and a proven operating history, this is a rare chance to purchase a profitable, turnkey restaurant in one of Long Island's most desirable markets.

The restaurant generated approximately $1,560,000 in gross sales during 2025 while producing an Owner's Cash Flow (SDE) of approximately $205,000. The business is fully equipped and ready for a seamless transition, allowing a new owner to begin operating immediately.

The beautifully maintained facility offers 80 indoor seats plus outdoor seating for more than 100 guests, creating exceptional seasonal revenue opportunities and the ability to host private events, special occasions, and large parties.

The current lease has 3.5 years remaining with an attractive total occupancy cost of only $6,600 per month, including taxes and CAM. A qualified buyer will have the opportunity to negotiate a lease extension with the landlord, providing long-term stability.

After many successful years, the owners have decided to retire, creating an outstanding opportunity for an owner-operator, hospitality group, or experienced restaurateur to acquire a profitable business with an established brand, loyal clientele, and experienced operating systems already in place. The sellers are committed to a smooth transition and will provide training to ensure the continued success of the business.

Highlights

  • Landmark Eastern Long Island restaurant
  • Established and highly respected local reputation
  • 2025 Gross Revenue: $1,560,000
  • Seller's Discretionary Earnings: Approximately $205,000
  • 80 indoor seats
  • Outdoor seating for 100 guests
  • Fully equipped, turnkey operation
  • Attractive rent of only $6,600/month (includes taxes and CAM)
  • Lease extension available for a qualified buyer
  • Retirement sale
  • Seller training and transition assistance included

Growth Opportunities

  • Expand catering and private events.
  • Increase corporate and holiday party bookings.
  • Extend operating hours or seasonal offerings.
  • Strengthen digital marketing, online ordering, and delivery services.
  • Add live entertainment or specialty dining events to increase customer traffic and average ticket size.

Buyer Requirements

  • Serious and financially qualified buyers only.
  • Minimum $250,000 in liquid funds required.
  • Proof of funds will be requested prior to scheduling a buyer-seller meeting.

Confidential Sale

All inquiries will be handled in the strictest confidence.

Please do not contact the business directly, speak with employees, or discuss the sale with staff or neighboring businesses. All showings are by appointment only.

Contact

Mel Vaz
631-767-0157
melvaz@vestedbb.com

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.

Request A Call Back