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
Food & Beverage, Entertainment, Leisure, & Recreation
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.
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 available at $500,000 for experienced operator
- Two certificates of occupancy, each for 120-person capacity (240 total)
- Full bar, large dining room, banquet space, and commercial kitchen
- Large private parking lot and prime corner location
- Located in a rapidly developing area with a new 70-unit residential complex under construction nearby
Contact Info
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