Profitable Absentee-Run Restaurant for Sale in Prime Long Island Location

View Original Listing

Financial Details

Asking Price:
$600,000
Annual Revenue:
$2,000,000
Cash Flow / SDE:
$250,000
Profit Metric:
Cash Flow
Valuation Multiple:
2.4x
Location:
Roslyn Heights, NY, US
Source:
Date:
September 21, 2025

Key Highlights

Prime North Shore Suffolk County location in a high-traffic, busy shopping center.
Profitable, absentee-run restaurant with $2M in annual revenue and $250K cash flow, priced aggressively at $600K.
Significant ROI potential for a hands-on operator, with a $1M+ build-out and full liquor license.

Description

This is a rare opportunity to acquire a well-established, profitable restaurant located in a prime, high-traffic area on the North Shore of Suffolk County, Long Island. Operating absentee, the business consistently generates $2,000,000 in annual revenue with a cash flow of $250,000. The asking price of $600,000 represents a fraction of its value, especially considering the over $1,000,000 invested in the build-out. The establishment boasts seating for approximately 150 customers, a large bar area, a full liquor license, outside seating, and a beautiful interior. It is situated in one of Long Island's busiest shopping centers, offering tremendous visibility and foot traffic. The seller is highly motivated, presenting an exceptional ROI potential for an experienced, hands-on operator looking to significantly increase sales and profits. Key features include a full surveillance system and a private office. Note that utilities, garbage, cable, and phone are not included in the rent.

Industry Information

Industry Description:
Restaurant
Classification:
Restaurants & Food

Operational Snapshot

Reason for Selling:
Owner Exit / Urgent Sale

Real Estate & Lease

Status:
Included

Broker Contact

Company:
The Kensington Company

Listing Details

Listing ID:
20e51ed8-2988-460b-8e2c-055e4001cc6c
Source Listing ID:
15434
Deal Status:
Sale Pending
Last Updated:
September 21, 2025
Currency:
USD

Features & Tags

Quality Verified This listing meets our quality criteria and standards. Verified