Established Korean Restaurant For Sale in Fort Lee, NJ
Kooksoo restaurant
Financial Details
- Asking Price:
- $100,000
- Cash Flow / SDE:
- $521,151
- Profit Metric:
- Annual Income
- Valuation Multiple:
- 0.2x
- Location:
- Fort Lee, NJ, US
- Source:
- Date:
- September 16, 2025
Key Highlights
Description
This listing presents a well-established Korean Kooksoo restaurant located in a prime Fort Lee, New Jersey location. Situated on a busy commercial street with significant foot traffic, the business offers a turnkey opportunity for a new owner. The eatery is renowned for its authentic handmade noodles, traditional broths, and homestyle side dishes, catering to a loyal customer base. The facility features a modern, spacious interior designed for customer comfort and a newly installed commercial kitchen equipped with modern appliances. The business is leased, with a monthly rent of $7,500 which includes CAM charges. The lease term has 4 years remaining, with options for two 10-year renewals, providing long-term stability. This is an ideal opportunity for an entrepreneur looking to acquire an established food service business in a high-demand area.
Industry Information
- Industry Description:
- Established Korean Restaurant
- Classification:
- Restaurants & Food
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $7,500 USD
- Lease Expiration:
- 2029
Assets & Inventory
- Includes FF&E:
- Yes
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Michelle Han
- Company:
- Sothebys
- Phone:
- 973-840-8570
Listing Details
- Listing ID:
- c0e2276d-7cda-422e-bd80-cfcaaf3201c2
- Source Listing ID:
- 2384167
- Deal Status:
- For Sale
- Last Updated:
- September 16, 2025
- Currency:
- USD