HOT!! 30-Year North Shore Greek/Mediterranean Restaurant – $56K Weekly
Business Description
One of Long Island’s Top 5 Locations! Mediterranean/Greek Restaurant & Bar – $55K+ Weekly, $350K+ Net Cash Flow
This iconic Mediterranean/Greek restaurant with a full bar is a rare opportunity for an experienced owner/operator to step into a highly successful and thriving business.
Key Features:
Proven Financial Success: $55K+ weekly revenue with a net cash flow of $350K+ annually.
Prime Location: Free-standing building on a busy main road in the North Shore of Suffolk County, with a HUGE parking lot.
Seating: Indoor seating for 80 and outdoor seating for 50, perfect for year-round dining and events.
Turn-Key & Fully Staffed: Vibrant atmosphere, beautiful decor, and excellent food & drinks. Fully operational and staffed for a seamless transition.
Backup Generator: Installed by the current owner to ensure uninterrupted service, even during power outages.
Support from Current Owner: Owners retiring after 30 successful years are offering to stay on for a smooth transition and training period.
Why This Opportunity is Exceptional:
This restaurant has earned a 5-star reputation and is one of the most talked-about spots on Long Island. Currently operated by partners, it’s primed for a single owner/operator to take over and build on its success.
Don’t miss your chance to own a North Shore gem that is a cornerstone of this community
Potential Strengths of the Business:
Strong Financial Performance: High weekly revenue and net cash flow indicate a profitable operation.
Prime Location: Situated on a busy main road with ample parking, the restaurant benefits from high visibility and accessibility.
Established Reputation: A 5-star reputation built over 30 years is a significant asset and a strong foundation for continued success.
Experienced Staff: A fully staffed restaurant can ensure smooth operations from day one.
Owner Support: The possibility of the current owner staying on for a smooth transition is a valuable offer.
Indoor and Outdoor Seating: The restaurant can cater to a variety of customer preferences and weather conditions.
This iconic Mediterranean/Greek restaurant with a full bar is a rare opportunity for an experienced owner/operator to step into a highly successful and thriving business.
Key Features:
Proven Financial Success: $55K+ weekly revenue with a net cash flow of $350K+ annually.
Prime Location: Free-standing building on a busy main road in the North Shore of Suffolk County, with a HUGE parking lot.
Seating: Indoor seating for 80 and outdoor seating for 50, perfect for year-round dining and events.
Turn-Key & Fully Staffed: Vibrant atmosphere, beautiful decor, and excellent food & drinks. Fully operational and staffed for a seamless transition.
Backup Generator: Installed by the current owner to ensure uninterrupted service, even during power outages.
Support from Current Owner: Owners retiring after 30 successful years are offering to stay on for a smooth transition and training period.
Why This Opportunity is Exceptional:
This restaurant has earned a 5-star reputation and is one of the most talked-about spots on Long Island. Currently operated by partners, it’s primed for a single owner/operator to take over and build on its success.
Don’t miss your chance to own a North Shore gem that is a cornerstone of this community
Potential Strengths of the Business:
Strong Financial Performance: High weekly revenue and net cash flow indicate a profitable operation.
Prime Location: Situated on a busy main road with ample parking, the restaurant benefits from high visibility and accessibility.
Established Reputation: A 5-star reputation built over 30 years is a significant asset and a strong foundation for continued success.
Experienced Staff: A fully staffed restaurant can ensure smooth operations from day one.
Owner Support: The possibility of the current owner staying on for a smooth transition is a valuable offer.
Indoor and Outdoor Seating: The restaurant can cater to a variety of customer preferences and weather conditions.
Listing Info
- ID
- 2358738
- Listing Views
- 307
Listing ID: 2358738 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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