Legendary LI Bar/Restaurant -Own the Business and the Building $3.2M!

Asking Price$3,200,000

Cash Flow
$350,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,900,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Legendary LI Bar/Restaurant -Own the Business and the Building $3.2M!


Asking Price$3,200,000

Cash Flow
$350,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,900,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
An incredible opportunity to acquire a well-known nightlife and dining venue located in one of Suffolk County’s most vibrant downtown entertainment corridors. Established in the early 1990s, this iconic destination combines the elements of a bar, nightclub, and restaurant — making it a staple of the local scene for decades.

With multiple dining zones, expansive outdoor patios, and three full-service bars, the property offers unmatched versatility for events, casual dining, and nightlife. It’s a rare offering of real estate and business together in one package — perfect for an experienced operator or hospitality group ready to bring a fresh, modern concept to a space with proven foot traffic and infrastructure.

Key Highlights:

Prime location in the heart of Suffolk’s busiest walkable downtown

Three bar stations, multiple dining areas, front courtyard and back decks

Built-in customer base and strong brand equity

Fully equipped kitchen and operational setup

Turnkey or repositioning opportunity for a new restaurant, gastropub, or lounge

Property included in the sale – asking $3.2 million

The Opportunity:
This is an ideal acquisition for a restaurant group looking to reposition a legacy space into a vibrant new concept. Whether you envision a chef-driven restaurant, upscale lounge, or event-driven venue — the infrastructure and location are already in place.
About the Business
Real Estate
Owned or Leased
Owned
Not included in asking price
Listing Info
ID
2365219
Listing Views
1264

Contact Seller

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Business Listed by: Henry GALASSO East Coast Business Brokers

Listing ID: 2365219 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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