Waterfront LI Restaurant For Sale with Property

NOT DISCLOSED, New York

Asking Price $2,500,000 Year Established 1990
Annual Revenue $1,100,000 Reason for Selling  
Annual P/L $0 Attention Ken Stein
Annual Cash Flow $100,000 Listing Number 1014706  
# of Employees Business Category Commercial Real Estate: Retail & Shopping Centers

Business Overview:

A highly regarded restaurant that has served the same affluent North Shore Long Island waterfront community for decades is for sale with property. The restaurant has built a loyal following of longtime customers who return year after year for their freshly prepared cuisine, breathtaking views, and warm, intimate atmosphere. This is a rare opportunity to acquire a thriving, profitable restaurant and the real estate, a package that includes the restaurant building, property and 2 adjacent lots including a residential property and home. Given the scarcity of waterfront commercial real estate in this area, the real estate alone carries significant long-term value, with additional upside potential for future redevelopment. Please refer to listing #16150 when inquiring about this opportunity.

Property Features and Assets:

Market Competition and Expansion:

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

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