Well Established Restaurant/Tavern W/ Property
Business Description
PREMIER RESTAURANT/TAVERN WITH OWNED REAL ESTATE - DOWNTOWN ALBANY ENTERTAINMENT DISTRICT
This exceptional hospitality investment opportunity combines a highly profitable restaurant and tavern operation with prime downtown Albany real estate ownership. Established in 2011, this well-regarded business has built a strong reputation and consistent customer base over more than a decade of successful operations.
FINANCIAL PERFORMANCE:
• Annual Cash Flow (SDE): $480,000
• Total Investment: $2,190,000
• Real Estate Value: $1,300,000 (included in sale)
• Building: 8,500 square feet
• Inventory included in purchase
• Seller financing available
REAL ESTATE ADVANTAGE:
Owning the 8,500 square foot property provides significant advantages including operational control, asset appreciation potential, and protection from rent increases. The substantial building size offers flexibility for expansion or additional revenue streams.
PRIME LOCATION BENEFITS:
Strategically positioned in Albany's thriving downtown entertainment corridor with exceptional foot traffic from:
• Major arena and convention center proximity
• Established chain hotels
• Multiple arts and cultural venues
• Strong tourism and business travel activity
• Vibrant urban district experiencing ongoing revitalization
GROWTH OPPORTUNITIES:
The business is positioned to capitalize on over $200 million in regional state-funded development projects. Key growth catalysts include:
• Convention center infrastructure expansions
• Increasing residential and mixed-use developments
• Rising local population density
• Enhanced visitor traffic from regional attractions
• Ongoing urban district improvements
BUSINESS STRENGTHS:
• Turnkey operation ready for immediate ownership
• Prime downtown location with excellent visibility
• 13-year proven track record
• Strong community reputation and customer loyalty
• Owned real estate eliminates rental risk
• Substantial building size provides expansion potential
OWNER SUPPORT:
Seller committed to providing comprehensive transitional training and operational support to ensure seamless ownership transfer. Specific terms and duration negotiable upon confidentiality agreement execution.
This rare opportunity combines proven hospitality operations with valuable real estate ownership in one of New York's most dynamic growth markets. The strong cash flow, owned property, and significant regional investment create an ideal foundation for continued success and expansion.
Owner selling to pursue other business interests. Complete financial documentation available to qualified prospects with executed NDA.
This exceptional hospitality investment opportunity combines a highly profitable restaurant and tavern operation with prime downtown Albany real estate ownership. Established in 2011, this well-regarded business has built a strong reputation and consistent customer base over more than a decade of successful operations.
FINANCIAL PERFORMANCE:
• Annual Cash Flow (SDE): $480,000
• Total Investment: $2,190,000
• Real Estate Value: $1,300,000 (included in sale)
• Building: 8,500 square feet
• Inventory included in purchase
• Seller financing available
REAL ESTATE ADVANTAGE:
Owning the 8,500 square foot property provides significant advantages including operational control, asset appreciation potential, and protection from rent increases. The substantial building size offers flexibility for expansion or additional revenue streams.
PRIME LOCATION BENEFITS:
Strategically positioned in Albany's thriving downtown entertainment corridor with exceptional foot traffic from:
• Major arena and convention center proximity
• Established chain hotels
• Multiple arts and cultural venues
• Strong tourism and business travel activity
• Vibrant urban district experiencing ongoing revitalization
GROWTH OPPORTUNITIES:
The business is positioned to capitalize on over $200 million in regional state-funded development projects. Key growth catalysts include:
• Convention center infrastructure expansions
• Increasing residential and mixed-use developments
• Rising local population density
• Enhanced visitor traffic from regional attractions
• Ongoing urban district improvements
BUSINESS STRENGTHS:
• Turnkey operation ready for immediate ownership
• Prime downtown location with excellent visibility
• 13-year proven track record
• Strong community reputation and customer loyalty
• Owned real estate eliminates rental risk
• Substantial building size provides expansion potential
OWNER SUPPORT:
Seller committed to providing comprehensive transitional training and operational support to ensure seamless ownership transfer. Specific terms and duration negotiable upon confidentiality agreement execution.
This rare opportunity combines proven hospitality operations with valuable real estate ownership in one of New York's most dynamic growth markets. The strong cash flow, owned property, and significant regional investment create an ideal foundation for continued success and expansion.
Owner selling to pursue other business interests. Complete financial documentation available to qualified prospects with executed NDA.
About the Business
- Years in Operation
- 14
- Facilities & Assets
- “The business operates from a well-maintained standalone property with recent upgrades, including HVAC improvements, exterior enhancements, and ongoing general maintenance. The sale includes all furniture, fixtures, and equipment (FF&E) necessary for continued operation. Additional details available upon request and execution of a confidentiality agreement.”
- Market Outlook / Competition
- “The business is operating in a vibrant and improving urban district with a strong mix of entertainment, hospitality, and tourism drivers. The surrounding area includes a major arena, convention center, large chain hotels, and multiple arts and cultural venues—all of which contribute to consistent foot traffic and customer flow. The business is positioned to benefit from ongoing development and revitalization in the area.”
- Opportunities for Growth
- “The business is well-positioned to benefit from significant regional investment, including major state-funded development projects totaling over $200 million. Nearby infrastructure expansions—such as the convention center—and a steady rise in residential and mixed-use developments are expected to increase local population density, visitor traffic, and demand for dining and entertainment experiences. These trends present strong opportunities for long-term growth and increased revenue.”
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 8,500
About the Sale
- Seller Motivation
- Owners have other interest at this time.
- Transition Support
- “Seller is willing to provide transitional support and training to ensure a smooth handover of operations. Specific terms and duration to be discussed upon execution of a confidentiality agreement.”
Listing Info
- ID
- 2406834
- Listing Views
- 157
Attached DocumentsAttachment Disclaimer
Listing ID: 2406834 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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