Food & Beverage
Financial summary
Comparable pricing
9% above marketComparable Food & Beverage businesses sell at a median of 2.5x SDE, based on 1860 listings. This one asks 2.8x, about 9% above that median. At the comparable median it would price ~$458K.Methodology refines over time.Comparable Food & Beverage businesses sell around $458K vs this $499K ask.
Methodology refines over time.
SBA financeability
Businesses in food services & beverage retail are commonly SBA-financed. The figures below are the industry-category norm from SBA 7(a)/504 lending, a gauge of how financeable a deal like this tends to be.
Food Services & Beverage Retail benchmarks
Typical SBA leverage
71%
Industry charge-off
1.3%
Common term
10 yr
Median loan
$269,200
Active lenders in this category: The Huntington National Bank, U.S. Bank, National Association, Manufacturers and Traders Trust Company.
Based on 52,309 SBA loans · source: SBA 7(a)/504 FOIA, as of 2026Q1 · industry-category level.
Detailed information
Priced below 1.5x revenue.
Linked page lives on the broker site, not on OpenAcquisitions.
Key points
Business description
LEGENDARY GOLD COAST ITALIAN RESTAURANT 42 Years of Loyal Following | $1.6M Revenue | $200K SDE | Asking $499K A profitable, deeply established full-service Italian restaurant in one of Long Island's most affluent North Shore communities. Turnkey, fully staffed, and offered at under 2.5x earnings. — — — THE OPPORTUNITY AT A GLANCE Asking Price: $499,000 Annual Revenue: $1,600,000 Owner's Cash Flow (SDE): $200,000 Multiple: ~2.5x earnings — well below market for an asset of this caliber Location: Affluent North Shore Long Island village (Gold Coast / Nassau County) Years in Operation: 42+ Reason for Sale: Owner retirement after a multi-decade run This is not a startup, a turnaround, or a concept. It is a profitable, mature, beloved neighborhood institution available because the founding family is ready to retire. — — — BUSINESS OVERVIEW This family-operated Italian restaurant has served its Gold Coast community for more than four decades. It is one of those rare hospitality assets where the brand, the recipes, the staff, and the customer base have all matured together — and where new ownership inherits genuine goodwill, not just four walls and a lease. The restaurant operates a classic full-service model with both indoor and outdoor seating, lunch and dinner service, an active catering operation, and a signature Sauces-To-Go retail program that drives meaningful add-on revenue. Service Format Lunch: Monday through Friday Dinner:Monday through Sunday On-premise dining (indoor + outdoor), takeout, and full-service catering Menu & Kitchen A traditional, broadly-appealing Italian menu — antipasti, classic pasta preparations, veal, chicken, seafood, signature sauces, and full dessert program. Recipes and sauce formulations convey with the sale. — — — MARKET & LOCATION STRENGTH The restaurant is located in a highly desirable, affluent North Shore Long Island village with a stable year-round residential base, strong household incomes, and limited direct competition for full-service, white-tablecloth Italian dining. Trade Area Characteristics Established Gold Coast community with multi-generational residents Premium household incomes well above county and state averages Strong residential density combined with destination dining draw from surrounding villages Limited direct competition in the full-service traditional Italian category Walkable village setting with consistent foot traffic and parking access In an industry where most independent restaurants close within five years, this operation has thrived for over four decades in the same location — a strong indicator of real local demand and operational durability. — — — COMPETITIVE ADVANTAGES 42+ years of brand equity and customer loyalty in a high-income trade area Multi-generational customer base — grandparents, parents, and children all dining Trained, tenured kitchen and front-of-house staff, most of whom are expected to remain Three meaningful revenue streams: dine-in, catering, and retail sauces Proprietary sauces and recipes included in the sale Indoor and outdoor seating creating year-round and seasonal capacity Strong online reputation and organic word-of-mouth in the local market Operating at $1.6M in revenue with healthy, repeatable ~13% SDE margins — — — GROWTH OPPORTUNITIES The current owners run the business at a pace appropriate for a long-tenured family operation. A motivated buyer has multiple clear levers to grow: Expand the Sauces-To-Go retail program through local grocery and specialty placement Build a private events and on-premise party program targeting the affluent local market Modernize and scale the catering arm with a dedicated catering manager Launch online ordering, delivery partnerships, and a structured loyalty program Develop a reservations-driven prix fixe and wine dinner calendar Increase digital marketing presence — the restaurant currently runs on reputation alone Each of these is incremental upside on a business that is already profitable. None requires reinvention. — — — IDEAL BUYER PROFILE Owner-operator chef or restaurateur seeking an established, profitable platform Hospitality entrepreneur expanding into Long Island's North Shore Family operator looking for a multi-generational legacy business Investor-operator pairing with a strong GM to run day-to-day First-time buyer seeking a stable,, cash-flowing restaurant — — — TRANSACTION SUMMARY Asking Price: $499,000 Estimated SDE: $200,000 Annual Revenue: $1,600,000 Lease: In place; details available under NDA FF&E, recipes, sauces, branding, and goodwill included in the sale Training and transition period available from the current owners INQUIRE FOR FINANIALS & PRIVATE TOUR
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