Very Well-Known Albany NY Restaurant & Banquet Hall W / Property - - Business for Sale
Request Information
The contact information for this deal is locked. If you wish to unlock this information, you need to upgrade to SMB Deal Hunter Pro.
🍽️
Restaurant and Banquet Hall with Property in Upstate NY
New York, NY, US
Added 25 days ago
Restaurant and Banquet Hall
This business is a long-established family restaurant and banquet hall with real estate included, located in Upstate New York and serving the community for over 70 years.
Key Information
Asking
$1.7M
Revenue
$1.1M
Earnings
$292K
Multiple
5.8x
Key Highlights
- Business has been established for over 70 years, with current family ownership for 30 years.
- Includes full-service restaurant, banquet hall, full bar, large dining room, banquet space, and commercial kitchen.
- Property features two Certificates of Occupancy (each allowing 120-person capacity, 240 total), partial basement, and large private parking lot.
- Located on a high-visibility corner in Upstate NY, with a new 70-unit residential complex under construction across the street.
Contact Info
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence