Pete’s Legacy Diner in Vestal, NY
Business Description
Beloved local diner with dependable cash flow & history of success!
Once-in-a-generation opportunities like this rarely become available. Pete’s Legacy Diner is a true Vestal landmark; an iconic, multi-generation diner that has become woven into the fabric of the Broome County community. Known for its scratch-made comfort food, classic diner charm, and fiercely loyal following, this business represents decades of trust, tradition, and irreplaceable goodwill.
This is a proven, cash-flowing operation with strong, consistent performance and an established customer base that spans generations. Fully equipped and completely turnkey, the diner is supported by an experienced staff and operational systems that allow for a seamless transition to new ownership from day one.
Currently operating breakfast and lunch only, the business offers immediate upside through expanded hours, dinner service, and increased catering, providing clear pathways for additional revenue growth on top of an already profitable foundation.
This is more than a restaurant acquisition, it’s the rare opportunity to take the reins of a beloved local institution with dependable cash flow, built-in demand, and meaningful expansion potential.
****Important Note: DO NOT CONTACT THE SELLER OR STAFF DIRECTLY - NO INQUIRY WILL BE RETURNED.
FACILITY: Freestanding Building
PARKING: Dedicated parking lot
EQUIPMENT: The equipment is in excellent condition, has been well maintained & is of good quality.
CONCEPT: Breakfast & Lunch Restaurant
SEATING: 75
SIZE: 4,020 square feet
HOURS: Open for Breakfast & Lunch Daily
LICENSES: All necessary operating licenses
SALES: $1,229,282
CASH FLOW: $170,612 SDE
ASKING PRICE: $350,000 (For the Business)
This is a proven, cash-flowing operation with strong, consistent performance and an established customer base that spans generations. Fully equipped and completely turnkey, the diner is supported by an experienced staff and operational systems that allow for a seamless transition to new ownership from day one.
Currently operating breakfast and lunch only, the business offers immediate upside through expanded hours, dinner service, and increased catering, providing clear pathways for additional revenue growth on top of an already profitable foundation.
This is more than a restaurant acquisition, it’s the rare opportunity to take the reins of a beloved local institution with dependable cash flow, built-in demand, and meaningful expansion potential.
****Important Note: DO NOT CONTACT THE SELLER OR STAFF DIRECTLY - NO INQUIRY WILL BE RETURNED.
FACILITY: Freestanding Building
PARKING: Dedicated parking lot
EQUIPMENT: The equipment is in excellent condition, has been well maintained & is of good quality.
CONCEPT: Breakfast & Lunch Restaurant
SEATING: 75
SIZE: 4,020 square feet
HOURS: Open for Breakfast & Lunch Daily
LICENSES: All necessary operating licenses
SALES: $1,229,282
CASH FLOW: $170,612 SDE
ASKING PRICE: $350,000 (For the Business)
About the Business
Real Estate
- Owned or Leased
- Leased
Listing Info
- ID
- 2470498
- Listing Views
- 20
Listing ID: 2470498 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.
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