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Restaurants & FoodFor Sale

Established Albany Fine Dining Restaurant with Strong Local Following

Albany, New York

About This Business

This well-established fine dining restaurant has been a cornerstone of Albany's culinary scene since 2007, offering a refined dining experience that has built a loyal customer base and consistent revenue stream. The business generates $424,135 in annual revenue with a healthy $55,442 cash flow, demonstrating solid operational efficiency and profitability. The restaurant features a carefully curated menu, intimate ambiance, and has successfully maintained its reputation through consistent quality and service excellence over 17 years of operation. The seven-member team includes experienced kitchen and front-of-house staff who understand the nuances of fine dining service and food preparation. This turnkey operation requires minimal transition time for a new owner ready to continue the legacy. Priced at $277,213, this represents an excellent opportunity to acquire an established restaurant with proven financial performance and brand recognition in the Capital Region's competitive dining market.

Financial Details

Asking Price
$275,000
Cash Flow
$55,000
Gross Revenue
$425,000
EBITDA
$45,000
Inventory
N/A

Business Details

Established
2007
Employees
7
Real Estate
Own
Reason for Selling
Relocating
Financing
No
Training
No

Deal Analysis

Estimated figures for analysis purposes only. Consult a financial advisor.

Price/SDE Multiple
5.0x
Price/Revenue
0.6x
DSCR
1.59
Cash on Cash ROI
-143.6%
Down Payment (SBA 10%)$27,500
Loan Amount$247,500
Monthly Payment$2,874/mo
Annual Debt Service$34,484
Owner Salary$60,000
Cash Flow After Debt + Salary$-39,484
Asking Price
$275,000
Cash Flow: $55,000

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