Landmark Eastern Long Island Restaurant | Grossing $1.56M

Asking Price$250,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,560,000

Inventory$7,000
Not included in asking price
FF&E$150,000
Included in asking price
Real EstateNot Disclosed

listing imageSave

Landmark Eastern Long Island Restaurant | Grossing $1.56M


Asking Price$250,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,560,000

Inventory$7,000
Not included in asking price
FF&E$150,000
Included in asking price
Real EstateNot Disclosed

Business Description
Landmark Eastern Long Island Restaurant | Grossing $1.56M
LISTING ID # 37726


Landmark Eastern Long Island Restaurant | Grossing $1.56M |
Exceptional opportunity to acquire one of Eastern Long Island's well-established and highly regarded restaurants. This destination dining establishment has built an outstanding reputation for outstanding food, exceptional service, and a loyal customer following. With a prime location and a proven operating history, this is a rare chance to purchase a profitable, turnkey restaurant in one of Long Island's most desirable markets.

The restaurant generated approximately $1,560,000 in gross sales during 2025 while producing an Owner's Cash Flow (SDE) of approximately $205,000. The business is fully equipped and ready for a seamless transition, allowing a new owner to begin operating immediately.

The beautifully maintained facility offers 80 indoor seats plus outdoor seating for more than 100 guests, creating exceptional seasonal revenue opportunities and the ability to host private events, special occasions, and large parties.

The current lease has 3.5 years remaining with an attractive total occupancy cost of only $6,600 per month, including taxes and CAM. A qualified buyer will have the opportunity to negotiate a lease extension with the landlord, providing long-term stability.

After many successful years, the owners have decided to retire, creating an outstanding opportunity for an owner-operator, hospitality group, or experienced restaurateur to acquire a profitable business with an established brand, loyal clientele, and experienced operating systems already in place. The sellers are committed to a smooth transition and will provide training to ensure the continued success of the business.

Highlights
Landmark Eastern Long Island restaurant
Established and highly respected local reputation
2025 Gross Revenue: $1,560,000
Seller's Discretionary Earnings: Approximately $205,000
80 indoor seats
Outdoor seating for 100 guests
Fully equipped, turnkey operation
Attractive rent of only $6,600/month (includes taxes and CAM)
Lease extension available for a qualified buyer
Retirement sale
Seller training and transition assistance included
Growth Opportunities
Expand catering and private events.
Increase corporate and holiday party bookings.
Extend operating hours or seasonal offerings.
Strengthen digital marketing, online ordering, and delivery services.
Add live entertainment or specialty dining events to increase customer traffic and average ticket size.
Buyer Requirements
Serious and financially qualified buyers only.
Minimum $250,000 in liquid funds required.
Proof of funds will be requested prior to scheduling a buyer-seller meeting.
Confidential Sale
All inquiries will be handled in the strictest confidence.

Please do not contact the business directly, speak with employees, or discuss the sale with staff or neighboring businesses. All showings are by appointment only.
About the Business
Years in Operation
8
Employees
21 (2 Full-time, 19 Part-time)
About the Sale
Seller Motivation
Retirement
Transition Support
Seller will train
Listing Info
ID
2540208
Listing Views
6

Listing ID: 2540208 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.


Similar Listings
Scramblers Restaurant
$150,000Scramblers RestaurantFeatured Franchise
Standalone Bar & Restaurant for Sale
$399,000Standalone Bar & Restaurant for SaleSuffolk County, NY
Wayback Burgers
$250,000Wayback BurgersFeatured Franchise
Anchor Bar
$400,000Anchor BarFeatured Franchise
Established Restaurant For Sale!
$299,000Established Restaurant For Sale!Suffolk County, NY
Toastique
$300,000ToastiqueFeatured Franchise
Scramblers Restaurant
$150,000Scramblers RestaurantFeatured Franchise
Standalone Bar & Restaurant for Sale
$399,000Standalone Bar & Restaurant for SaleSuffolk County, NY
Wayback Burgers
$250,000Wayback BurgersFeatured Franchise