The most common and most likely answer to this crossword clue is the 4 plus 3 plus 5 letter word OPEN ALL HOURS
O
P
E
N
A
L
L
H
O
U
R
S
Buddy explains!
The straight part
We know that "sitcom" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case sitcom = open all hours.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.