Very Well-Known Albany NY Restaurant & Banquet Hall W / Property - - Business for Sale
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Restaurant and Banquet Hall with Real Estate in Upstate NY
New York, NY, US
Added today
Restaurant and Banquet Hall
A family-owned restaurant and banquet hall with over 70 years of operation, offering full-service dining and event hosting in Upstate New York, with real estate included in the sale.
Key Information
Asking
$1.7M
Revenue
$1.1M
Earnings
$292K
Multiple
5.8x
Key Highlights
- Business-only option available at $500,000 for a qualified, experienced operator.
- Business has been established for over 70 years; current ownership for 30 years.
- Includes a full-service restaurant, banquet hall, full bar, large dining room, and commercial kitchen.
- Property features two Certificates of Occupancy (120-person capacity each, 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
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