A Rare Opportunity: High-Volume Steakhouse, Bar & Banquet in the Finger Lakes
The Finger Lakes region continues to attract diners, tourists, and event-goers year-round—and opportunities to acquire a well-established, high-capacity restaurant in this market are increasingly rare. A prominent steakhouse-style restaurant, bar, and banquet facility in the Canandaigua area is now available for purchase, offering a unique blend of location, scale, and growth potential. Prime Location in a Destination Market Situated just off a major highway, this two-story facility benefits from strong visibility, easy access, and ample parking. Its location places it in the heart of one of Upstate New York’s most popular regions for tourism, weddings, and live entertainment, drawing both locals and visitors throughout the year. Designed for Volume, Events, and Entertainment This operation is built to handle high-volume service with ease. The property features approximately 6,000 square feet of restaurant and bar space, accommodating up to 250 seats, along with a highly desirable rooftop patio—a major draw during the warmer months. The business has become known for: With its flexible layout and established reputation, the facility is well-suited for an operator experienced in restaurants, catering, or event-driven concepts. Limited Hours, Significant Upside Currently operating Tuesday through Sunday from 4:30 PM to 9:00 PM, the business runs just 33 total hours per week, yet remains capable of strong performance. This limited schedule presents a clear opportunity for expansion. Potential growth strategies include: With the right operator, these adjustments could significantly increase revenue without major capital investment. Strong Asset Base Included The sale includes furniture, fixtures, and equipment with an estimated fair market installed value of $100,000, allowing a buyer to step into a fully equipped, turn-key operation. Attractive Purchase Terms This flexibility makes the opportunity accessible to both owner-operators and experienced hospitality groups looking to expand their footprint in the Finger Lakes. Ideal Buyer Profile This business is best suited for: Final Thoughts Opportunities like this—combining location, capacity, established operations, and upside potential—are uncommon in the Finger Lakes market. For the right buyer, this Canandaigua-area steakhouse, bar, and banquet facility represents a chance to acquire a proven venue and take it to the next level. For additional details or confidential inquiries, qualified parties are encouraged to reach out directly.