The narrative

A look inside Albany-Schenectady - Iconic Italian Restaurant + Catering & Banquet Business With Property.

<h2> </h2> Iconic 4,600 SF Italian Restaurant ? 40+ Years Established | $2.4?$2.5M Sales | Huge Upside in Limited Hours Location: Schenectady County, NY (Rotterdam Area) Entity/Name: Confidential Italian Restaurant (Can Be Disclosed with NDA) <hr> <h3 dir="ltr" style="line-height:1.7999999999999998;background-color:#ffffff;margin-top:0pt;margin-bottom:0pt;padding:2pt 0pt 4pt 0pt;"> Business Description</h3> <h2> </h2> Rare opportunity to acquire an iconic, long-established Italian restaurant and catering operation with decades of brand equity in the greater Schenectady/Rotterdam market. This restaurant has been serving loyal guests for generations and is now available for a new owner-operator to step in, protect the legacy, and take it to the next level. The business operates out of approximately 4,600 sq. ft. with classic dining rooms, bar/lounge, and banquet capability. Top-line revenue consistently ranges between $2.4M and $2.5M, with a true owner-operator net in the $350,000?$500,000+ range, depending on how actively the owner is involved and how aggressively hours and offerings are managed. Unlike many large restaurants running seven days a week, this operation is built on limited hours, primarily late afternoon and evening service plus strong take-out and catering. That schedule has created an unusual situation: very strong sales on a relatively tight operating week, leaving a clear and compelling upside for a hands-on operator willing to expand hours and dayparts. <hr> <h3 dir="ltr" style="line-height:1.7999999999999998;background-color:#ffffff;margin-top:0pt;margin-bottom:4pt;padding:2pt 0pt 0pt 0pt;"> At a Glance</h3> <h2> </h2> <ul style="margin-top:0;margin-bottom:0;"><li> </li><li dir="ltr" style="list-style-type:disc;font-size:12pt;"> Sales: ~$2,400,000?$2,500,000 annually (top line) </li><li dir="ltr" style="list-style-type:disc;font-size:12pt;"> Owner-Operator Net: approx. $350,000?$500,000+ (buyer to verify) Space: ~4,600 sq. ft. Concept: Classic Italian dining, take-out, and catering </li><li dir="ltr" style="list-style-type:disc;font-size:12pt;"> Established: Operating for 40+ years </li><li dir="ltr" style="list-style-type:disc;font-size:12pt;"> Seating: Multiple dining rooms plus banquet capacity (ideal for events and functions) </li></ul> <h3 dir="ltr" style="line-height:1.7999999999999998;background-color:#ffffff;margin-top:14pt;margin-bottom:0pt;padding:0pt 0pt 4pt 0pt;"> Operations & Hours</h3> <h2> </h2> The restaurant currently runs on a reduced schedule compared to most restaurants of its caliber: <ul style="margin-top:0;margin-bottom:0;"><li> </li><li dir="ltr" style="list-style-type:disc;font-size:12pt;"> Dinner-focused dine-in service on a limited number of evenings per week </li><li dir="ltr" style="list-style-type:disc;font-size:12pt;"> Take-out and catering as important additional revenue streams </li></ul> This structure keeps labor and operating hours lean while still supporting multimillion-dollar revenue. For the right buyer, this is the ?deal sweetener?: you?re not buying a business that?s already maxed out seven days a week ? you?re buying one that is under-hour?d with strong numbers already on the board. <hr> <h3 dir="ltr" style="line-height:1.7999999999999998;background-color:#ffffff;margin-top:0pt;margin-bottom:0pt;padding:2pt 0pt 4pt 0pt;"> Growth & Expansion</h3> <h2> </h2> The most obvious and immediate growth levers: <ul style="margin-top:0;margin-bottom:0;"><li> </li><li dir="ltr" style="list-style-type:disc;font-size:12pt;"> Expand Hours & Days: <ul style="margin-top:0;margin-bottom:0;"><li> </li><li dir="ltr" style="list-style-type:circle;font-size:12pt;"> Add lunch service on key days </li><li dir="ltr" style="list-style-type:circle;font-size:12pt;"> Open additional evenings and/or earlier seatings </li><li dir="ltr" style="list-style-type:circle;font-size:12pt;"> Consider opening currently closed days to capture more weekly volume Banquets & Events: </li><li dir="ltr" style="list-style-type:circle;font-size:12pt;"> Further leverage the banquet capability for communions, rehearsal dinners, anniversaries, corporate events, and celebrations </li><li dir="ltr" style="list-style-type:circle;font-size:12pt;"> Develop a more aggressive outbound marketing plan to local businesses, schools, and community organizations </li></ul> </li><li dir="ltr" style="list-style-type:disc;font-size:12pt;"> Catering & Off-Premise: Expand off-premise catering, corporate accounts, and holiday/event packages Partner with local venues and event planners Digital Presence & Online Ordering: Strengthen social media, email lists, and loyalty/VIP programs Push online ordering and family-style take-out to drive incremental sales </li></ul> Given the established name and loyal following, a motivated owner-operator can realistically grow both top line and bottom line by simply extending hours and more fully exploiting the catering and banquet side of the business. <h3 dir="ltr" style="line-height:1.7999999999999998;background-color:#ffffff;margin-top:0pt;margin-bottom:4pt;padding:2pt 0pt 0pt 0pt;"> Ideal Buyer</h3> <h2> </h2> <ul style="margin-top:0;margin-bottom:0;"><li> </li><li dir="ltr" style="list-style-type:disc;font-size:12pt;"> Experienced owner-operator or restaurant group looking for a proven, high-volume location with deep community roots Buyer who appreciates the value of a multi-decade brand and wants a platform to grow, not a turnaround project </li><li dir="ltr" style="list-style-type:disc;font-size:12pt;"> Someone who sees the limited hours as a strategic opportunity, not a constraint </li></ul> <hr> <h3 dir="ltr" style="line-height:1.7999999999999998;background-color:#ffffff;margin-top:0pt;margin-bottom:0pt;padding:2pt 0pt 4pt 0pt;"> Support & Training</h3> <h2> </h2> Seller is open to a structured training and transition period to ensure a smooth handoff, introduce key staff, and help maintain continuity with the long-time customer base. Terms to be negotiated. <hr> <h3 dir="ltr" style="line-height:1.7999999999999998;background-color:#ffffff;margin-top:0pt;margin-bottom:0pt;padding:2pt 0pt 4pt 0pt;"> Reason for Sale</h3> <h2> </h2> Ownership is preparing for a transition after many successful years in the business and is looking for the right steward to carry the brand forward.

The fine print

Detailed information.

IndustryRestaurants & Food

Real estateLeased

LocationNew York, NY

Year establishedNot disclosed

Lease expirationNot disclosed

Monthly rentNot disclosed

FF&ENot disclosed

Growth & expansionNot disclosed

Support & trainingNot disclosed

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Recent comparable sales

Industry context

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Location & catchment

New York, NY

Reference data sourced from Census ACS, Census County Business Patterns, and NOAA Climate Normals. Exact address shared after NDA.

Why this deal stands out

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Asking price

$2M

N/A EBITDA

Revenue

$3M

EBITDA

N/A

Cash flow

$366K

Margin

Not disclosed

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