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Accommodation & Food Services

Established Mediterranean Restaurant 35-year Community Favorite

Suffolk County, NY, USA
Listed 75 days ago

HS Listing ID-72351 This is an outstanding opportunity to acquire a long-established Mediterranean restaurant with 35 years of operating history in one of Long Island’s most desirable commercial corridors. The business has built a loyal customer base and strong reputation for authentic Mediterranean cuisine while generating approximately $400,000 in annual revenue and $190,000 in net profit. Operating on a semi-absentee basis with limited evening hours, the restaurant offers exceptional upside for an owner-operator looking to expand revenue through extended hours and additional services. Located on busy Turnpike, the restaurant benefits from outstanding visibility, ample parking, and steady traffic generated by nearby businesses, including the DMV, medical facilities, fitness studios, auto dealerships, and new retail developments. The prime shopping center location provides a consistent mix of local residents, professionals, and destination diners. The approximately 1,400-square-foot turnkey facility includes a fully equipped commercial kitchen, matching dining area, beer and wine license, and a highly favorable lease at approximately $4,600 per month with 13 years remaining, providing long-term operational stability. The current owner works only 3–4 days per week, supported by established systems that allow for a flexible ownership model. Significant growth opportunities remain through the addition of lunch service, extended dinner hours, expanded catering and private events, enhanced delivery operations, and continued development of online ordering. The restaurant also offers flexibility for buyers wishing to continue the existing concept or adapt the space to another Mediterranean, Middle Eastern, or complementary cuisine. The motivated seller is relocating out of state and is committed to a smooth transition. Highlights $199,000 Asking Price $400,000 Annual Revenue $190,000 Net Profit Established 35-year operating history Semi-absentee ownership (owner works approximately 3–4 days per week) Approximately 1,400 SF turnkey restaurant Fully equipped commercial kitchen and dining room Beer & Wine License included Prime Huntington shopping center location with excellent visibility Approximately $4,600/month lease with 13 years remaining Strong surrounding traffic generators including DMV, medical offices, auto dealerships, and retail businesses Significant upside through expanded operating hours, catering, delivery, private events, and concept expansion Motivated seller relocating out of state A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Real Estate

Lease

Leasehold Rent

$55,200 per annum

Years Established

35

Support & Training

Yes.

Size In Square Feet

1,400

Reason for Selling

Motivated seller relocating out of state

Financials

Asking Price
$200K
RevenueMost Recent Year
$400K
Earnings (SDE)Last Reported
$190K
Assets Value
Undisclosed
Seller Financing
Not available

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