4 Route 303
Tappan, NJ 10983 · Listing #26013562
$2,800,000
About this home
Beds
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Baths
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Living area
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Type
Retail
Well-Known Korean BBQ Restaurant for Sale – Northern New Jersey/Rockland County New York A highly reputable Korean BBQ restaurant is now available for sale. The current owner has successfully operated this family-run business for the past 23 years and is now planning to retire. The restaurant is ideally located in Northern New Jersey, with close proximity to Upstate New York. It enjoys a strong and diverse customer base, attracting not only the local Korean community but also a high volume of general and international clientele. This prime location benefits from steady traffic, particularly from visitors returning from popular recreational destinations in Upstate New York, including golf courses, camping sites, fishing areas, and ski resorts. The surrounding area continues to grow, with a new supermarket opening nearby and additional popular dining options, including a Korean-Chinese (Jajangmyeon) restaurant, contributing to a vibrant and expanding commercial district. There is significant upside potential. With some upgrades and refreshed management, the business can achieve even higher revenue. Four purchase options are available: Building and Business Package: $2,800,000 Building Only: $2,150,000 with lease back tenant (6.70% cap) Business Only : $650,000 with $12,000/month + property tax (NNN) Further details are available upon request. Agent/Broker Information
Status
Active
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