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Business for Sale Summary

Restaurant For Sale in Nassau County New York - 37408

Business Type: bar/tavern/night clubs,nutrition & health food,other eating & drinking places,restaurant/ cafes/ diners
Restaurant For Sale in Nassau County New York
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Financial Information (non-confidential)

General Information
Asking Price $3,500,000 Down Payment $3,500,000
Gross Revenues $1,925,000 Lease Remaining Register Free to View
Owner’s Cash Flow $435,000 Number of FT Employees Register Free to View

Financing

$3,500,000 Down and Seller Financing Available for Qualified Buyer Terms TBD

Business Description

A rare opportunity is being offered to acquire a highly successful, award winning, and well-established waterfront restaurant in Nassau County, New York. This thriving and turnkey operation generates approximately $1,925,000 in annual gross revenue and is offered at $3,500,000, presenting an exceptional opportunity for restaurateurs, hospitality groups, or investors seeking a premium location with strong performance. The seller will offer owner financing for the business as well. Also, the owner is willing to sell the building directly for $2,600,000 which has a land lease for 97 years.

The property features two expansive levels, three outdoor decks, a main bar, two additional service bars, two private party rooms, and a full basement with significant upside potential. The thoughtfully designed layout accommodates both high-volume dining and profitable private events with ease.

The ground floor provides a warm, inviting atmosphere and includes a fully equipped commissary kitchen with two large walk-in refrigeration units for efficient operations. The restaurant is being offered fully furnished with modern, high-quality equipment, allowing for a seamless transition to new ownership.

With seating for approximately 265 guests, plus additional outdoor dining across two decks, the venue is well positioned to maximize revenue through regular service, catering, private parties, and special events. Ample parking is available directly across from the establishment, with additional parking nearby.

Steeped in history, the restaurant occupies a landmark structure dating back to 1848 and recognized as the second-oldest tavern in Nassau County. This distinctive setting offers character, charm, and a competitive advantage that is difficult to replicate.

The business has cultivated a loyal customer base and is widely regarded as a popular destination for families, celebrations, private functions, and community gatherings throughout the year. Notably, the property spans the entire block it occupies, creating a uniquely valuable and defensible footprint.

This is a true turnkey, high-performing asset located in a strong and growing market. Opportunities of this caliber are exceptionally rare. For More Information Contact the Broker Ken Detato 610-952-4518

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.