Iconic Long Island Waterfront Restaurant With RE
Not Disclosed, NY Not Disclosed
Long Island
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- RE: Iconic Long Island Waterfront Restaurant With RE
- Contact: Chris Farrell
Quick Facts
| Asking Price: | $10,340,000 | |
| Annual Revenue: | $3,901,900 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,299,265 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 996163 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Available for the first time in a generation, this is a rare opportunity to acquire a turnkey, high-performing business located in one of the most desirable waterfront destinations on Long Island. This well-established operation boasts over $4 million in historical annual sales, supported by an experienced management team and an extremely loyal, multi-generational clientele. With a long-standing reputation as a top-tier dining destination, this business offers consistent cash flow and compelling potential for future growth. This venue is also a prime wedding and catering facility. The restaurant also has a full in-law apartment with 4 bedrooms.
A separate 5 bedroom , 2 bathroom staff residence that sleeps 9 is included in the sale. This infrastructure supports reliable seasonal staffing, adding critical operational stability.
FACILITY: Mixed-Use Building
EQUIPMENT: The equipment is in good condition, has been well maintained & is of good quality.
CONCEPT: Full-Service Restaurant & Bar
CAPACITY: 380 people including all indoor and outdoor seating
SIZE: 6,000 sq.ft.
HOURS: Open daily
LICENSES: Full Liquor & Entertainment Licenses
SALES: $3,901,900 in 2024 (Historically over $4MM)
CASH FLOW: $1,299,265 SDE in 2024 (Historically over $1.5MM SDE)
ASKING PRICE: $10,340,000 (For the Business and Property & Residential Property)
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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