Sell Your Business on Long Island, NY
Long Island has nearly 200,000 businesses and 2.8 million residents. I help owners sell for maximum value in this thriving suburban market.
About Long Island, New York
Long Island is the largest and most populated island in the contiguous United States, stretching 118 miles east of Manhattan across Nassau and Suffolk counties. With 2.8 million residents and nearly 194,000 businesses employing over 2.2 million people, Long Island is one of the strongest suburban business markets in the country.
The economy is driven by healthcare, retail, food and beverage, professional services, and administrative services. Long Island's high household incomes, strong school districts, and suburban density create steady demand for local businesses. The average payroll per employee is $67,845, reflecting a well-compensated workforce. Over 173,000 businesses are small operations with fewer than 20 employees, creating a vibrant owner-operated business ecosystem.
Source: Long Island, New York
Business Statistics for Long Island
Top Industries
Data from 2023. Source: U.S. Census Bureau, County Business Patterns
Why Long Island's Business Market Is Unique
Affluent Suburban Customer Base
Long Island has some of the highest household incomes in the New York metro area. Nassau County in particular ranks among the wealthiest counties in the US. This affluence drives strong consumer spending on restaurants, healthcare, home services, and specialty retail. Businesses serving these communities generate consistent, high-margin revenue that buyers find very attractive.
Massive Small Business Economy
With over 173,000 small businesses, Long Island has one of the densest small business ecosystems in the Northeast. Every town and village has its own commercial district with restaurants, delis, salons, medical offices, and service businesses. This creates a steady flow of businesses coming to market and active buyer demand for established operations in desirable locations.
Strong Home Services and Trades Sector
Long Island's large stock of single-family homes creates enormous demand for home services businesses including HVAC, plumbing, landscaping, roofing, and cleaning services. These businesses often have recurring revenue, loyal customer bases, and strong cash flow. They are consistently among the most sought-after acquisition targets on Long Island.
Tourism and Seasonal Business Opportunities
The Hamptons, Montauk, and the North Fork wine country attract millions of visitors annually. Seasonal businesses in these areas can generate a full year's revenue in 4-5 months. Year-round businesses in these tourism corridors benefit from both local residents and visitor spending. Buyers looking for lifestyle businesses are drawn to Long Island's East End.
Looking to Sell Your Business in Long Island, New York?
Let's discuss your goals and create a strategy tailored to your specific needs. I'll contact you within 24 hours of your inquiry to get started.
Business Brokerage Services in Long Island
Buyer Representation
Find businesses across Long Island, from Nassau County restaurants to Suffolk County home services and East End seasonal businesses.
- ✓Off-market Long Island opportunities across both counties
- ✓Local market analysis for Nassau and Suffolk County
- ✓SBA financing guidance for Long Island acquisitions
Seller Representation
Maximize your sale price in Long Island's affluent suburban business market.
- ✓Accurate Long Island market valuation
- ✓Confidential marketing to qualified local and NYC-based buyers
- ✓Full closing support and lease coordination
Business Financing in Long Island
Long Island business acquisitions benefit from strong SBA lending through both national and local banks. The region's high business density and affluent demographics make it attractive to lenders. SBA 7(a) loans are the primary financing method for Long Island business purchases.
SBA Preferred Lenders in Long Island
These lenders have strong SBA programs and experience with Long Island business acquisitions. Click to find local branches:
Chase Bank
Strong SBA 7(a) programs with extensive Long Island branch network.
Find Chase Bank branches in Long Island →TD Bank
SBA preferred lender with strong Long Island presence and fast processing.
Find TD Bank branches in Long Island →New York Business Development Corporation (NYBDC)
SBA 504 loan specialist focused on New York businesses, strong Long Island track record.
Find New York Business Development Corporation (NYBDC) branches in Long Island →Long Island Development Corporation (LIDC)
Non-profit lender offering SBA micro-loans and small business financing for Long Island businesses.
Find Long Island Development Corporation (LIDC) branches in Long Island →Local Banks & Credit Unions Serving Long Island
These institutions offer business loans and have branches in the Long Island area. Click to find locations:
Additional Financing Options
- •Seller Financing: Common on Long Island, especially for smaller businesses and restaurants. Many sellers offer 10-20% seller notes.
- •SBA Express Loans: Faster approval for acquisitions under $500,000.
- •Equipment Financing: Available for restaurants, auto shops, medical practices, and home services businesses with significant equipment.
Learn More About Business Brokers
Understanding what business brokers do and how they can help is the first step in your journey. Explore these resources to learn more.
What Is a Business Broker?
Learn what a business broker does, how they help sell businesses, and when you need one. Complete guide with FAQs.
Business Broker's Role
Detailed article explaining exactly what a business broker does when selling your business, with real examples.
The Business Sale Process
Step-by-step guide to what happens when you sell a business, from valuation to closing.
Business Valuation
Understand what factors determine your business value and why professional valuations matter.
Broker vs DIY Sale
Compare selling with a broker versus selling on your own. Understand the pros, cons, and when each makes sense.
Our Services
Learn about our comprehensive business brokerage services including buyer and seller representation.
Looking to Sell Your Business in Long Island, New York?
Let's discuss your goals and create a strategy tailored to your specific needs. I'll contact you within 24 hours of your inquiry to get started.