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Freestanding Korean Restaurant Business
For Sale
$400,000

518 Broad, Ridgefield, NJ 07657

Established operation includes owner-provided transition training, recipes, and cooking techniques.

Property SizeContact for details
Days on Market8

Property Features for 518 Broad

General Information

Standard status Active
Property subtype Commercial

Additional Details

Business Included Yes

Amenities

Central Air Heating
Gas Heating
Listing Agency: RE/MAX NOW - PALISADES PARK
Listed By: KAY SUH
Source: Corcoran
Added: Aug 4 Changed: Aug 9 Last Checked: Aug 10 at 4:51AM

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 RE/MAX NOW - PALISADES PARK

Investment Insights

Based on property information with market context.

Bang Ga Nae is an established Korean restaurant business operating from a freestanding building on Broad Avenue in Ridgefield, New Jersey. The concept is centered on authentic Korean recipes and premium-quality cuisine, with the business supported by an established customer base and a recognized reputation in Bergen County.

The property includes private on-site parking and exposure to local residents and commuters along Broad Avenue. The current owner will provide transition assistance covering recipes, cooking techniques, and operational knowledge, supporting continuity for the next operator.

Key Highlights

  • Established Korean restaurant business operating under the Bang Ga Nae name
  • Freestanding building on Broad Avenue in Ridgefield, New Jersey
  • Private on‑site parking for restaurant customers

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Pet Grooming Service Clothing & Fashion Store Parking Lot & Garage Real Estate Agency Barber Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,230
Businesses Nearby
7k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 61% Dining 39%
Dairy Queen Dining
2,609 visits/mo 0.2 miles
Sunoco Shops & Services
2,296 visits/mo 0.4 miles
Extra Space Storage Shops & Services
1,749 visits/mo 0.2 miles

Demographics for 07657, NJ

11,473
Population
4,192
Households
2.7
Avg Household Size
41
Median Age
47%
College-Educated
93%
High-School Grad
2.5 sq mi
ZIP Area
4,589
Density / Sq Mi
$115,676
Median Household Income
$59,044
Median Earnings
$1,935
Median Rent
$609,700
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established operation includes owner-provided transition training, recipes, and cooking techniques.
Where is this conventional restaurant located?
The property is located at 518 Broad Ridgefield, NJ.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Established Korean restaurant business operating under the Bang Ga Nae name; Freestanding building on Broad Avenue in Ridgefield, New Jersey; Private on‑site parking for restaurant customers
More about this property
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