Food & Beverage
Financial summary
Comparable pricing
141% above marketComparable Food & Beverage businesses sell at a median of 2.5x SDE, based on 1860 listings. This one asks 6.1x, about 141% above that median. At the comparable median it would price ~$934K.Methodology refines over time.Comparable Food & Beverage businesses sell around $934K vs this $2.3M ask.
Methodology refines over time.
SBA financeability
Businesses in food services & beverage retail are commonly SBA-financed. The figures below are the industry-category norm from SBA 7(a)/504 lending, a gauge of how financeable a deal like this tends to be.
Food Services & Beverage Retail benchmarks
Typical SBA leverage
71%
Industry charge-off
1.3%
Common term
10 yr
Median loan
$269,200
Active lenders in this category: The Huntington National Bank, U.S. Bank, National Association, Manufacturers and Traders Trust Company.
Based on 52,309 SBA loans · source: SBA 7(a)/504 FOIA, as of 2026Q1 · industry-category level.
Detailed information
priced below 1.5x revenue and strong SDE.
Linked page lives on the broker site, not on OpenAcquisitions.
Key points
Business description
Location: Schenectady County, NY (Rotterdam Area) Facility Size: ~4,600 sq. ft. Annual Revenue: $2,400,000 – $2,500,000 Owner-Operator Net: $350,000 – $500,000+ (buyer to verify) Rare Opportunity – Iconic 40+ Year Italian Restaurant This is a rare opportunity to acquire a well-known, high-volume Italian restaurant that has been serving the greater Schenectady / Rotterdam community for over 40 years . The restaurant has built multi-generational customer loyalty , strong brand recognition, and consistent multi-million-dollar revenue. The business operates from approximately 4,600 square feet featuring multiple dining rooms, a bar/lounge, and banquet space ideal for private events and functions . Despite generating $2.4M–$2.5M in annual revenue , the restaurant currently operates on limited hours , primarily dinner service plus take-out and catering. This creates a rare built-in growth opportunity for a motivated owner to expand hours, increase dayparts, and grow revenue. For the right operator, this is not a turnaround project — it is a profitable, established restaurant with clear upside. Key Highlights $2.4M–$2.5M annual sales $350K–$500K+ owner earnings potential 4,600 sq. ft. facility Multiple dining rooms plus banquet/event space 40+ year established brand Strong repeat customer base Take-out and catering revenue streams Limited operating hours creating major growth opportunity Significant Growth Potential A motivated owner could increase revenue through several clear opportunities: Expand Operating Hours Add lunch service Open additional days Introduce earlier dinner seating Increase Banquets & Private Events Weddings, rehearsal dinners, communions Corporate events and celebrations Holiday party bookings Expand Catering & Off-Premise Revenue Corporate catering Family-style meal packages Partnerships with local venues and event planners Strengthen Digital Marketing Online ordering Loyalty and VIP programs Social media and email marketing campaigns With its large facility, loyal customer base, and established reputation , this business offers a strong platform for continued growth. Ideal Buyer This opportunity is perfect for: Experienced restaurant owner-operators Regional restaurant groups seeking expansion Buyers looking for a high-revenue restaurant with strong brand recognition Transition Support Seller is willing to provide training and transition assistance to ensure a smooth ownership transfer and introduce the buyer to key staff and customers. Reason for Sale Ownership is preparing for retirement after many successful years and is seeking the right buyer to continue the restaurant’s legacy.
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