Listing ID: 69980

Business Overview

Asking Price:
$449,999

Financial Overview –
(2025) Annual Gross Sales: $1.25m
Net Profit: $250,000

Expense Overview –

Rent: $9,500/month ($114,000 annually)

Cost of Goods: $300,000 ($20,000 – $25,000/month)
Utilities: $60,000
Insurance: $14,000
Taxes;$35,000

Business Overview:
This restaurant has been a local staple for over 45 years, with the current owner successfully operating the business for 30 years and building a loyal, repeat customer base that drives consistent weekly sales of $23,000 to $25,000.
The restaurant is open 7 days a week from 9 AM to 9 PM, serving breakfast, lunch, and dinner across an à la carte menu that supports strong margins and flexible pricing. The space spans approximately 1,600 to 1,800 sq ft, with 66 seats (up to 80 capacity), a full bar with liquor license, and a half basement for storage.
The owner works approximately 40 to 45 hours per week in a managerial capacity. The business runs on experienced staff and established systems — a new owner can step in with a clean transition path and no dependency on the outgoing operator.

 

Business Highlights:
Staff: The kitchen team has been with the business for nearly 30 years. Front of house is managed by two senior waitstaff with deep familiarity with the customer base and daily operations.

Lease: Rent is locked at $9,500 per month with 10 years remaining — a below-market rate for Suffolk County that adds long-term value to the deal.

Liquor License: Full bar with liquor license included. New York State licenses are difficult and expensive to obtain. The existing bar adds margin today and opens the door to private events and catering revenue not yet reflected in current financials.

Catering Van: A 2026 Mercedes Extended Cargo Van is included at asking price — a ready-to-activate catering operation for a new owner looking to grow top-line revenue from day one.

Owner Involvement: The current owner works in a managerial role, not a production role. The business is not dependent on owner skill and runs on systems and staff in place.

Additional Assets

Catering Truck Included

• 2026 Mercedes Extended Cargo Van

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $449,999
  • Cash Flow: $250,000
  • Gross Revenue: $1,250,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.