Iconic Long Island Waterfront Restaurant with RE

Suffolk County, NY
Asking Price: $10,340,000
Business For Sale Details
Listed on Aug 8, 2025(Renewed on Jan 6, 2026)

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)

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Financials (USD)

Asking Price $10,340,000

Cash Flow $1,299,265

Sales $3,901,900

Deal Terms

Represented by broker? Yes

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Yes

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