Turnkey Japanese Hibachi
For Sale
Contact for pricing
42 Merrick Ave, Hempstead, NY 11566
Japanese hibachi and ramen restaurant with a full basement and an operating commercial kitchen setup.
Property SizeContact for details
Days on Market120
Property Features for 42 Merrick Ave
General Information
Standard status
Active
Property subtype
Business for Sale, Retail
Additional Details
Business Included
Yes
Highway Access
Yes
Listing Agency:
Homix Realty Inc
Listed By:
Xuehui Lin
(929) 666-9886
Source:
Crexi
Added: May 9
Changed: Aug 25
Last Checked: Sep 1 at 12:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Homix Realty Inc
Investment Insights
Based on property information with market context.
This turnkey restaurant is set up for a Japanese hibachi and ramen concept, including teppanyaki and ramen service. The space includes more than 1,000 sq ft on the main level, along with a full basement that can support storage and operational needs. The current setup is described as flexible and can be converted to fit other restaurant concepts.
The property is located in a highly desirable Long Island area near Exit 38, with easy access and visibility. It sits among residential neighborhoods with dedicated parking, designed to support a steady flow of local customers.
The business is currently generating approximately $55,000 per month in revenue. Monthly rent is $3,645 and includes property taxes, creating an all-in rent structure noted as attractive for the area.
The property is located in a highly desirable Long Island area near Exit 38, with easy access and visibility. It sits among residential neighborhoods with dedicated parking, designed to support a steady flow of local customers.
The business is currently generating approximately $55,000 per month in revenue. Monthly rent is $3,645 and includes property taxes, creating an all-in rent structure noted as attractive for the area.
Key Highlights
- Operating Japanese hibachi and ramen restaurant with an established commercial kitchen setup
- Revenue currently approximately $55,000/month
- Over 1,000 sq ft on the main level plus a full basement for storage or expansion
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,399
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11566, NY
35,147
Population
11,723
Households
3
Avg Household Size
43
Median Age
58%
College-Educated
94%
High-School Grad
5.4 sq mi
ZIP Area
6,509
Density / Sq Mi
$169,868
Median Household Income
$79,500
Median Earnings
$2,803
Median Rent
$679,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Japanese hibachi and ramen restaurant with a full basement and an operating commercial kitchen setup.
Where is this conventional restaurant located?
The property is located at 42 Merrick Ave Hempstead, NY.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Operating Japanese hibachi and ramen restaurant with an established commercial kitchen setup; Revenue currently approximately $55,000/month; Over 1,000 sq ft on the main level plus a full basement for storage or expansion
