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)





Business Description

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.





At a Glance

Sales: ~$2,400,000–$2,500,000 annually (top line)

Owner-Operator Net: approx. $350,000–$500,000+ (buyer to verify)
Space: ~4,600 sq. ft.
Concept: Classic Italian dining, take-out, and catering

Established: Operating for 40+ years

Seating: Multiple dining rooms plus banquet capacity (ideal for events and functions)

Operations & Hours

The restaurant currently runs on a reduced schedule compared to most restaurants of its caliber:

Dinner-focused dine-in service on a limited number of evenings per week

Take-out and catering as important additional revenue streams

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.





Growth & Expansion

The most obvious and immediate growth levers:

Expand Hours & Days:

Add lunch service on key days

Open additional evenings and/or earlier seatings

Consider opening currently closed days to capture more weekly volume
Banquets & Events:

Further leverage the banquet capability for communions, rehearsal dinners, anniversaries, corporate events, and celebrations

Develop a more aggressive outbound marketing plan to local businesses, schools, and community organizations

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

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.

Ideal Buyer

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

Someone who sees the limited hours as a strategic opportunity, not a constraint





Support & Training

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.





Reason for Sale

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.