Turn-key Restaurant for Sale at the Jersey Shore
Business Description
A rare opportunity to acquire a highly successful and well-established restaurant in the heart of Asbury Park’s vibrant dining scene. Kimchi Mama has built a loyal customer base and strong reputation for authentic Korean cuisine, making it a turnkey investment for an experienced operator or entrepreneur looking to step into a thriving business.
Business Highlights:
Prime Location: Situated on Main Street in bustling Asbury Park with heavy foot and vehicle traffic.
Strong Financials:
Gross Income: $45,000/month
Net Income: $15,000/month
Attractive Lease Terms: Current rent $4,200/month, lease runs through November 2025 with a 5-year option to renew. Lease assignment available.
Asking Price: $350,000 – includes all assets, equipment, and inventory.
Smooth Transition: Owner willing to provide training and transition period for new operator.
Additional Features:
Fully equipped kitchen and dining space with all furniture, fixtures, and equipment included.
Established branding, recipes, and operational systems in place.
Favorable lease terms with strong upside potential for growth.
This is a turn-key opportunity to own and operate a profitable, established restaurant in one of New Jersey’s most dynamic and growing coastal communities.
Contact today for financials and to schedule a private showing.
Business Highlights:
Prime Location: Situated on Main Street in bustling Asbury Park with heavy foot and vehicle traffic.
Strong Financials:
Gross Income: $45,000/month
Net Income: $15,000/month
Attractive Lease Terms: Current rent $4,200/month, lease runs through November 2025 with a 5-year option to renew. Lease assignment available.
Asking Price: $350,000 – includes all assets, equipment, and inventory.
Smooth Transition: Owner willing to provide training and transition period for new operator.
Additional Features:
Fully equipped kitchen and dining space with all furniture, fixtures, and equipment included.
Established branding, recipes, and operational systems in place.
Favorable lease terms with strong upside potential for growth.
This is a turn-key opportunity to own and operate a profitable, established restaurant in one of New Jersey’s most dynamic and growing coastal communities.
Contact today for financials and to schedule a private showing.
About the Business
- Years in Operation
- 10
- Employees
- 2 (2 Full-time)
- Facilities & Assets
- Fully functioning kitchen, front of house, back of house, prep area, dining room and custom walk-in fridge
- Website
- https://kimchimama.net/?utm_source=google&utm_medium=gbp&utm_campaign=homepage
- Market Outlook / Competition
- This is the only authentic Korean eatery in town
Real Estate
- Owned or Leased
- Leased
- Rent
- $4,200.00 per month
- Lease Expiration
- 11/30/2025
About the Sale
- Seller Motivation
- Owners are ready to pursue other life endeavors
- Transition Support
- Owners will train and support full time during transition
Listing Info
- ID
- 2420706
- Listing Views
Business Location
Listing ID: 2420706 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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