Very Well-Known Albany NY Restaurant & Banquet Hall W / Property - - Business for Sale
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Albany NY Restaurant and Banquet Hall With Real Estate
New York, NY, US
Added today
Food & Beverage, Entertainment, Leisure, & Recreation
A family-owned restaurant and banquet hall with over 70 years of operation is offered for sale with real estate in Albany, NY.
Key Information
Asking
$1.7M
Revenue
$1.1M
Earnings
$292K
Multiple
5.8x
Key Highlights
- Established for over 70 years
- Current family ownership for 30 years
- Business-only option: $500,000 (for experienced operator)
- Two Certificates of Occupancy, each for 120-person capacity (240 total)
- Large private parking lot and prime corner location
- Banquet facility hosts private parties, weddings, and events year-round
- Located in a growing area with a new 70-unit residential complex under construction nearby
Contact Info
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