NOT DISCLOSED, New York
| Asking Price |
$0 |
Year Established |
2015 |
|
| Annual Revenue |
$3,412,733 |
Reason for Selling |
Relocating |
|
| Annual P/L |
$0 |
Attention |
|
|
| Annual Cash Flow |
$1,325,739 |
Listing Number |
1006382 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
An extraordinary opportunity to acquire a premier, management-run hospitality group in the Greater Syracuse area. Generating over $1 M in Seller’s Discretionary Earnings (SDE), this two-location portfolio is a model of operational efficiency and profitability. With the owner currently contributing only 2–10 hours per week, this is a true turnkey investment for a private equity group, search fund, or executive-level buyer.
Investment Highlights
The Microchip Catalyst: One location is situated just 10 minutes from the upcoming $100B semiconductor plant (breaking ground in 2026), projected to bring 9,000+ new jobs to the immediate area.
Management-Led Operations: Fully staffed with 25 employees, including a General Manager and Kitchen Manager. Daily operations are handled entirely in-house.
Proprietary IP: Sale includes 10 years of documented, made-from-scratch recipes and standardized operating procedures. No prior culinary experience is required to maintain the brand’s high standards.
Expansion Ready: Includes a $95,000 Truck/Trailer asset for mobile catering. Immediate low-hanging fruit lies in opening during the current annual July closure and formalizing corporate catering.
Clean Financials: 90–95% credit card transactions with zero accounts receivable.
The family is relocating and is willing to stay on for up 6 months to train the new owner. If you are looking for a high-volume business that doesn't require 80-hour workweeks, this is it.
NEXT STEPS: If you’re interested in this business, please fill out the contact form, and we will email you an NDA to e-sign. Please look for an email with the subject “NHN-163”. You can access more information on this business after e-signing our NDA.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity