Paul’s Restaurant in Southampton Listed for Sale – Behind The Hedges

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Paul's restaurant, Southampton

Courtesy of Hamptons Compass Commercial

A Southampton Village staple for a half-century, Paul’s Italian Restaurant in Southampton Village is newly listed.

Hal Zwick and Jeff Sztorc of Hamptons Compass Commercial are representing the business for sale for $1.1 million. The building is not for sale.

“Paul’s represents a longstanding family operation within the heart of Southampton Village,” Sztorc says of the pizzeria and restaurant that is located at 21 Hill Street. “The business has a proven track record and the location is extremely convenient with close proximity to Jobs Lane, Agawam Park and Main Street.”

The 2,000-square-foot restaurant seats 80 in the dining room. There is also a take-out counter and bar and extensive storage in the basement.

“There is a built-in customer base,” Sztorc explains. “Someone can continue the tradition of Paul’s and/or bring on a new complementary vision to the business district.”

Paul's, Southampton
Courtesy of Hamptons Compass Commercial

In 2023, Paul DeRobertis sold the business after 50 years.

The sale includes the business, equipment and the current lease. A 10-year lease, it extends to March of 2031 but includes two five-year renewal options.

The building sits on a 0.015-acre lot with rear access to park, outdoor storage and a walk-in fridge/freezer. The rear access provides a layout for delivery.

“Paul’s Italian Restaurant was born on March 28, 1973, with just a few items and pastas,” the restaurant’s website says. “Over the years Paul’s menu has grown, increasing the variety of salads, pastas, pizzas, and local seafood to create a family-friendly environment with options for all.”

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Courtesy of Hamptons Compass Commercial

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