349 Matawan Road, Matawan, NJ 07747 (MLS# 22633423)

With a portal you are able to:

Save your searches
Get updates on listings
Track listings
Add notes and messages
Personalize your dashboard

349 Matawan Road, Matawan, NJ 07747

New Listing

Property Type: Commercial Status: Active

List Date: 10/22/2026 Last Modified: 10/22/2026

Overview

Description

Established Turnkey Restaurant Business for Sale! Excellent opportunity to own a well-established, popular Korean BBQ restaurant in a prime location in the heart of Matawan, NJ! This thriving local favorite offers Korean BBQ, bubble tea, ice cream, catering, fast-food takeout, and delivery services, attracting a diverse and loyal customer base. Generating approximately $500,000 in annual gross revenue, the business benefits from steady repeat customers, strong Uber Eats orders, and additional catering opportunities from nearby schools, offices, and local businesses. The approximately 1,250 SF restaurant features seating for up to 90 guests, 11 refrigerators, an ice cream machine, ample storage, and a fully equipped kitchen.

Supplements: Business Sale Only. Please do not approach employees or customers. Contact the listing agent for additional information and showing instructions.

Listing Details MLS# 22633423

Contract Info

Property Sub-Type: Commercial
Sale: Yes
Lease: No
Lease Price: 490000

Location

House Number: 349
Street Name: Matawan
Street Suffix: Road
County: Monmouth
Municipality: Matawan (MAT)
Postal City: Matawan
State: NJ
Zip Code: 07747
Area/Section: Matawan
Directions: Take exit 120 from Garden State Pkwy s, Take Matawan Rd

General Property Info

# Levels: Yes
Garage: No
# Parking Spaces: 100
Business Name: Ono Korean BBQ
Business Operating: Yes
Lease Expiration Date: 2027-10-16
# Car Garage: 0

Tax and Legal

Asmnt - Total: 0

Income & Expenses

Financials Per: Year
Gross Income: 500000
Net Operating Income: 250000

Use

Restaurant: Yes

More Information

Electric

Other - See Remarks: Yes

Gas

On Site: Yes

Seat Capacity

60 - 99: Yes

Water Heater

Tank: Yes

Heating

Other: Yes

Water

Public Water: Yes

Sewer

Public Sewer: Yes

Parking

Parking Lot: Yes

Assessment Status

To Be Assessed: Yes

Sale Includes

Business Name: Yes
Equipment/Furniture: Yes

Landlord Pays

Common Area Maintenance: Yes
Hot Water: Yes

Property Features

Use: Restaurant Seat Capacity: 60 - 99 Heating: Other Water Heater: Tank Water: Public Water Sewer: Public Sewer Gas: On Site Electric: Other - See Remarks Parking: Parking Lot Sale Includes: Business Name; Equipment/Furniture Landlord Pays: Common Area Maintenance; Hot Water Assessment Status: To Be Assessed

Listing Office: Prominent Properties Sotheby's International Realty

Listing Agent: Henry Song

Last Updated: October - 22 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.