Albany-Schenectady - Iconic Italian Restaurant + Catering & Banquet B

Asking Price$2,200,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,500,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Albany-Schenectady - Iconic Italian Restaurant + Catering & Banquet B


Asking Price$2,200,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,500,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
ESTABLISHED ITALIAN RESTAURANT & CATERING OPERATION - SCHENECTADY COUNTY

This premier Italian restaurant represents a rare acquisition opportunity in the greater Schenectady market, featuring over four decades of continuous operation and substantial revenue generation. The business operates from a 4,600 square foot facility encompassing multiple dining rooms, bar/lounge area, and full banquet capabilities.

FINANCIAL PERFORMANCE
Annual gross revenue consistently ranges between $2.4M-$2.5M with owner-operator net income potential of $350K-$500K+, subject to buyer verification and operational management approach. The business demonstrates strong financial stability through its established customer base and diversified revenue streams.

OPERATIONAL STRUCTURE
The restaurant currently operates on a strategic limited-hour schedule focusing on dinner service, complemented by robust takeout and catering divisions. This operational model maintains lean overhead while generating substantial revenue, creating significant expansion opportunities for qualified buyers.

REVENUE DIVERSIFICATION
• Traditional dine-in service across multiple dining areas
• Comprehensive catering operations serving corporate and private events
• Takeout services with established customer base
• Banquet facilities accommodating various event types

GROWTH OPPORTUNITIES
Immediate expansion potential exists through:
• Extended operating hours and additional service days
• Enhanced lunch service implementation
• Expanded banquet and private event marketing
• Strengthened corporate catering accounts
• Digital marketing and online ordering platform development

FACILITY SPECIFICATIONS
The 4,600 square foot restaurant features professional kitchen facilities, multiple dining areas, full bar service, and banquet capabilities suitable for various event sizes and configurations.

IDEAL BUYER PROFILE
This opportunity suits experienced restaurant operators or hospitality groups seeking an established, high-volume operation with demonstrated market presence and growth potential. The business requires hands-on management to maximize operational efficiency and revenue optimization.

TRANSITION SUPPORT
Seller commitment includes structured training and transition assistance to ensure operational continuity and customer relationship preservation.

This represents a turnkey opportunity to acquire a well-established restaurant operation with proven financial performance, market recognition, and substantial growth potential in a stable market location.
About the Business
Real Estate
Owned or Leased
Owned
Included in asking price
Listing Info
ID
2451792
Listing Views
11

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Business Listed by: Henry GALASSO East Coast Business Brokers

Listing ID: 2451792 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.