Very Well-Known Albany NY Restaurant & Banquet Hall W / Property - - Business for Sale
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Restaurant and Banquet Hall with Property in Upstate NY
New York, NY, US
Added 5 months ago
Food & Beverage, Entertainment, Leisure, & Recreation
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
- Over 70 years in operation
- Current family ownership for 30 years
- Business-only option available at $500,000 for experienced operator
- Real estate includes two certificates of occupancy (240 total capacity) and large private parking lot
- Located on a high-visibility corner in a growing area with a new 70-unit residential complex nearby
Contact Info
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