Albany-Schenectady - Iconic Italian Restaurant + Catering & Banquet Business With Property
Italian Restaurant, Catering and Banquet Business With Property in Schenectady
On NextCompany since September 7, 2026 (38 days)
New York, NY area
Business overview
This Italian restaurant serves the greater Schenectady / Rotterdam community with dining, take-out, catering, and banquets. The business draws on over 40 years of service and customer loyalty across generations. It operates limited hours, primarily around dinner service.
The offering includes owned real estate with approximately 4,600 square feet, multiple dining rooms, a bar/lounge, and banquet space. The seller asks $2,250,000. The business reports $2,500,000 in gross revenue and $366,178 in cash flow. Ownership plans to retire. The seller offers training, transition assistance, and introductions to key staff and customers.
Who is a good fit for this business
- Restaurant operators seeking an Italian dining business with longstanding customer loyalty and catering services.
- Buyers seeking business ownership alongside included commercial real estate.
- Owner-operators interested in adding lunch service or expanding operating days beyond the current dinner-focused schedule.
Details
- Reason for selling
- Ownership is preparing for retirement after many successful years.
- Real estate
- Owned, included in sale
Frequently Asked Questions
The restaurant serves Italian food to the greater Schenectady / Rotterdam community. It concentrates on dinner service, plus take-out, catering, and banquets.
The seller includes the owned real estate in the offering. The approximately 4,600-square-foot property contains multiple dining rooms, a bar/lounge, and banquet space.
The seller asks $2,250,000 for the business and property. The business reports gross revenue of $2,500,000 and cash flow of $366,178.
The listing identifies lunch service, additional operating days, and earlier dinner seating as expansion opportunities. It also highlights private events, corporate catering, meal packages, online ordering, and loyalty programs.
Ownership plans to sell in preparation for retirement. The seller offers training, transition assistance, and introductions to key staff and customers.