LEGENDARY GOLD COAST ITALIAN RESTAURANT

42 Years Established | $1.6M Revenue | $200K SDE | Asking $499K

A rare opportunity to acquire a highly profitable, deeply rooted full-service Italian restaurant in one of Long Island’s most affluent North Shore communities. Turnkey, fully staffed, and offered at approximately 2.5x Seller’s Discretionary Earnings.

THE OPPORTUNITY AT A GLANCE

Asking Price: $499,000
Annual Revenue: $1,600,000
Owner’s Cash Flow (SDE): $200,000
Location: Confidential – Nassau County Gold Coast
Years Established: 42+
Reason for Sale: Retirement

This is not a startup, turnaround, or unproven concept. This is a mature, profitable neighborhood institution built over four decades, now available as the owners prepare for retirement.

BUSINESS OVERVIEW

This family-operated Italian restaurant has been serving its community for over 42 years and has built a loyal multi-generational customer base. The business offers a proven full-service model featuring:

• Indoor and outdoor dining
• Lunch and dinner service
• Takeout and catering
• Signature retail “Sauces-To-Go” program

The menu includes traditional Italian favorites including antipasti, pasta, veal, chicken, seafood, desserts, and proprietary sauces. Recipes and sauce formulations are included in the sale.

LOCATION & MARKET STRENGTH

Situated in an affluent North Shore village on Long Island, this restaurant benefits from:

• High-income demographics
• Strong year-round residential base
• Destination dining traffic from surrounding towns
• Limited direct competition in traditional Italian dining
• Walkable village setting with strong visibility and parking

In an industry where many independent restaurants fail within five years, this operation has remained successful for over four decades in the same location—a testament to its reputation and operational strength.

COMPETITIVE ADVANTAGES

• 42+ years of established brand recognition
• Strong repeat customer base spanning generations
• Experienced kitchen and front-of-house staff expected to stay
• Multiple revenue streams: dine-in, catering, retail sauces
• Proprietary recipes and sauces included
• Established online reputation and word-of-mouth presence
• Healthy and consistent cash flow

GROWTH OPPORTUNITIES

A new owner can expand through:

• Scaling the retail sauce program into local specialty markets
• Growing catering with dedicated sales focus
• Expanding private parties and event bookings
• Implementing online ordering and delivery platforms
• Increasing digital marketing and social media presence
• Introducing wine dinners, special events, and loyalty programs

This is a profitable business with immediate upside—not a reinvention project.

IDEAL BUYER

Ideal for:

• Owner-operator chefs
• Experienced restaurateurs
• Hospitality groups expanding into Long Island
• Family operators seeking a legacy business
• First-time buyers seeking a stable, cash-flowing opportunity

TRANSACTION SUMMARY

Asking Price: $499,000
Revenue: $1,600,000
SDE: $200,000
Lease: Available under NDA
Included: FF&E, recipes, sauces, branding, goodwill
Training: Transition support available