Nassau County Diner for Sale - High-Income Area, Growth Potential

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Financial Details

Asking Price:
$4,000,000
Annual Revenue:
$3,484,000
Cash Flow / SDE:
$300,000
Profit Metric:
Cash Flow
Valuation Multiple:
13.3x
Location:
NY, US
Source:
Date:
September 15, 2025

Key Highlights

Prime location in a high-income area of Nassau County, NY.
Newly built, state-of-the-art diner with seating for nearly 300.
Significant growth potential, projecting weekly sales to increase from $70k to $100k.

Description

This is a prime opportunity to acquire a newly built, state-of-the-art diner located in a high-income area of Nassau County, NY. With seating for nearly 300 patrons and ample parking for over 100 cars on a 2-acre property, this establishment is poised for significant growth. The seller projects weekly sales to increase from the current $70k to $100k in the near future. The location is also ideal for conversion to a high-end seafood, steakhouse, or other large franchise food concepts. The business features a full basement and operates with a semi-absentee owner, closing by 11 PM. A 40-year lease is in place with monthly rent and taxes of $20,000. The asking price is $4,000,000 with 30% down required. Proof of funds is necessary for serious inquiries.

Industry Information

Industry Description:
Restaurant Diner
Classification:
Restaurants & Food

Real Estate & Lease

Status:
Included
Monthly Rent:
$20,000 USD

Listing Details

Listing ID:
bf79f9bb-b6e4-4b0c-b8da-7c617a8b3268
Deal Status:
For Sale
Date Posted:
April 27, 2020
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

Quality Verified This listing meets our quality criteria and standards. Verified
Tags & Categories
Diners Restaurant Hospitality Food Service Nassau County