long-standing business
noun phraseUK /ˌlɒŋˈstændɪŋ ˈbɪznəs/
US /ˌlɔːŋˈstændɪŋ ˈbɪznəs/
A business that has been open and working for a very long time.
The bakery on the corner is a long-standing business that has served our town for over fifty years.
RELATED WORDS
OTHER MEANINGS
2. A company that has earned trust by operating successfully for many years.
Customers prefer the long-standing business because they know its service is reliable.
3. A shop or firm that has survived through many changes over time.
Despite new shopping malls, the long-standing business still attracts loyal customers.
4. An enterprise with a history and roots in its community.
The family's long-standing business has been passed down through three generations.