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
