Business Description

Asking price: $125,000 · Gross revenue: $588,000 · Cash flow (SDE): $25,000 · FF&E included: $75,000

Priced Below Replacement Cost – Owner Retiring

Well-established, family-owned and operated restaurant serving classic American cuisine in a walkable Onondaga County village center. Nearly a decade in the same location with a loyal repeat customer base, a strong local reputation, and a full on-premises liquor license.

The opportunity is capacity. The restaurant operates dinner service only, Tuesday through Saturday, and is closed Sundays and Mondays. That's roughly 21 hours of service per week producing approximately $588,000 in annual revenue — about $2,250 per service. Lunch, brunch, Sunday and Monday dinner, and private events are all entirely untapped. Rent, utilities, insurance, and the full kitchen buildout are already carried by the existing schedule, so an owner-operator who expands hours adds revenue against a fixed cost base that is already covered. This is a business running at roughly 40% of its available operating hours.

The kitchen and dining room are fully equipped and operating — approximately $75,000 in furniture, fixtures, and equipment is included in the asking price, along with an established vendor base, trained staff, and a licensed, code-compliant buildout. Replicating this space from an empty shell would cost multiples of the asking price and take months of permitting and construction before the first cover is served.

The owner is retiring after nearly ten years and has priced the business to move rather than to maximize. Food and beverage costs run in line with industry benchmarks. Premises are leased. A reasonable transition and training period will be provided.