Description

🔥 One of Long Island’s Top 5 Locations! Mediterranean/Greek Restaurant & Bar – $55K+ Weekly, $350K+ Net Cash Flow 🔥

This iconic Mediterranean/Greek restaurant with a full bar is a rare opportunity for an experienced owner/operator to step into a highly successful and thriving business.

Key Features:

• Proven Financial Success: $55K+ weekly revenue with a net cash flow of $350K+ annually.

• Prime Location: Free-standing building on a busy main road in the North Shore of Suffolk County, with a HUGE parking lot.

• Seating: Indoor seating for 80 and outdoor seating for 50, perfect for year-round dining and events.

• Turn-Key & Fully Staffed: Vibrant atmosphere, beautiful decor, and excellent food & drinks. Fully operational and staffed for a seamless transition.

• Backup Generator: Installed by the current owner to ensure uninterrupted service, even during power outages.

• Support from Current Owner: Owners retiring after 30 successful years are offering to stay on for a smooth transition and training period.

Why This Opportunity is Exceptional:

This restaurant has earned a 5-star reputation and is one of the most talked-about spots on Long Island. Currently operated by partners, it’s primed for a single owner/operator to take over and build on its success.

Don’t miss your chance to own a North Shore gem that is a cornerstone of this community!!

Potential Strengths of the Business:

Strong Financial Performance: High weekly revenue and net cash flow indicate a profitable operation.

• Prime Location: Situated on a busy main road with ample parking, the restaurant benefits from high visibility and accessibility.
• Established Reputation: A 5-star reputation built over 30 years is a significant asset and a strong foundation for continued success.
• Experienced Staff: A fully staffed restaurant can ensure smooth operations from day one.
• Owner Support: The possibility of the current owner staying on for a smooth transition is a valuable offer.
• Indoor and Outdoor Seating: The restaurant can cater to a variety of customer preferences and weather conditions.