Turnkey Hoboken Restaurant w/ $900K Sales & Signature Chicken Recipe
Business Description
Exceptional Fast-Casual Restaurant in Prime Hoboken Location – 15 Years Established – Strong Sales & Turnkey Condition
A rare opportunity to acquire a highly successful and long-established fast-casual restaurant located in the heart of Hoboken’s busiest commercial district. Operating for 15 years under the same ownership, this business has built a loyal customer base, strong brand presence, and a reputation for serving some of the most popular Korean-style fried chicken dishes in the area.
2023 annual revenue reached approx. $900,000, with 2024 trending in the $850,000–$900,000 range, supported by both dine-in and delivery sales. Financial documentation & POS reports will be provided to qualified buyers.
[Key Highlights]
• Strong, consistent revenue — historically around $900K per year
• Prime Hoboken location with heavy foot traffic near major residential and student population
• 15 years in business under original ownership
• Newly renovated interior within the past 2 years (flooring, wall tiles, decorative finishes)
• Upgraded equipment, including 3 newer kitchen units and a deep fryer
• Walk-in cooler — highly desirable in a sub-700 sq ft space
• Proprietary chicken recipe included (professionally developed and further refined for U.S. market)
• Favorable new lease secured at $6,000/month gross starting Jan 2026
• Neighboring tenant pays approx. $8,000/month, making this lease a competitive advantage
• Turnkey condition — no renovation or equipment upgrade required
• Expanding menu (ramyeon cup, tteokbokki, etc.) generating additional sales
• Strong delivery mix via major platforms (UberEats, DoorDash, etc.)
• Well-maintained, clean kitchen with efficient workflow and layout
[Reason for Sale]
Owner is relocating out of state and preparing for retirement after 15 successful years.
[Ideal Buyer]
• Restaurant operators seeking a profitable, easy-to-run turnkey business
• Buyers wanting to enter the booming Korean fried chicken market
• Investors seeking a high-traffic, low-risk location with proven sales
• Multi-unit operators who want strong delivery infrastructure
A rare opportunity to acquire a highly successful and long-established fast-casual restaurant located in the heart of Hoboken’s busiest commercial district. Operating for 15 years under the same ownership, this business has built a loyal customer base, strong brand presence, and a reputation for serving some of the most popular Korean-style fried chicken dishes in the area.
2023 annual revenue reached approx. $900,000, with 2024 trending in the $850,000–$900,000 range, supported by both dine-in and delivery sales. Financial documentation & POS reports will be provided to qualified buyers.
[Key Highlights]
• Strong, consistent revenue — historically around $900K per year
• Prime Hoboken location with heavy foot traffic near major residential and student population
• 15 years in business under original ownership
• Newly renovated interior within the past 2 years (flooring, wall tiles, decorative finishes)
• Upgraded equipment, including 3 newer kitchen units and a deep fryer
• Walk-in cooler — highly desirable in a sub-700 sq ft space
• Proprietary chicken recipe included (professionally developed and further refined for U.S. market)
• Favorable new lease secured at $6,000/month gross starting Jan 2026
• Neighboring tenant pays approx. $8,000/month, making this lease a competitive advantage
• Turnkey condition — no renovation or equipment upgrade required
• Expanding menu (ramyeon cup, tteokbokki, etc.) generating additional sales
• Strong delivery mix via major platforms (UberEats, DoorDash, etc.)
• Well-maintained, clean kitchen with efficient workflow and layout
[Reason for Sale]
Owner is relocating out of state and preparing for retirement after 15 successful years.
[Ideal Buyer]
• Restaurant operators seeking a profitable, easy-to-run turnkey business
• Buyers wanting to enter the booming Korean fried chicken market
• Investors seeking a high-traffic, low-risk location with proven sales
• Multi-unit operators who want strong delivery infrastructure
About the Business
- Years in Operation
- 15
- Facilities & Assets
- Recently renovated 690 sq. ft. restaurant space in excellent turnkey condition. Includes upgraded interior finishes, decorative wall/floor tile, and a clean, modern layout. Fully equipped kitchen with multiple newer appliances— including a newer deep fryer, prep equipment, and a small walk-in cooler—providing strong storage capacity for high-volume operations. All fixtures, furnishings, and equipment (FF&E) are included in the sale, along with a proprietary in-house chicken recipe that has been refined specifically for the local market.
- Market Outlook / Competition
- Located in a high-demand, high-traffic area of Hoboken with strong local and student-driven customer base. Consistent year-round demand, with peak season during the academic year. Competition exists, but the business stands out due to its established 15-year brand presence, specialty menu, proprietary chicken recipe, strong delivery volume, and below-market rent that gives the new owner a significant competitive advantage.
- Opportunities for Growth
- Significant opportunities exist to expand revenue through increased marketing, extended hours, catering, expanded delivery platforms, and enhanced social media presence. The proprietary chicken recipe and walk-in cooler enable menu expansion with minimal additional investment. Continued development of new high-margin items (such as Korean street-style dishes) offers strong potential for further growth.
About the Sale
- Seller Motivation
- Owner is preparing for relocation and a change in personal priorities after 15 y
- Transition Support
- Ownership will provide comprehensive training to ensure a smooth transition. This includes recipe training, operational procedures, vendor introductions, employee guidance, and hands-on support during the initial onboarding period. Additional support may be arranged as needed.
Listing Info
- ID
- 2445830
- Listing Views
Listing ID: 2445830 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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