Business For Sale in Franklin Lakes, NJ
MLS# : 24014845
PROPERTY DETAILS
PROPERTY DESCRIPTION
Seize this rare opportunity to own a highly successful sushi restaurant located in the vibrant heart of Franklin Lakes, NJ. Nestled in a busy supermarket strip mall with excellent highway access, this restaurant enjoys high visibility and steady foot traffic. The 1,350 sq ft space is thoughtfully designed to accommodate 40 guests comfortably, combining a welcoming atmosphere with operational efficiency. With over 20 years of proven success, this turnkey operation boasts a dedicated customer base and substantial growth potential. The restaurant offers favorable lease terms, ensuring a smooth transition for the new owner. Whether you are an aspiring entrepreneur or a seasoned restaurateur, this is a perfect chance to take the reins of a beloved local sushi spot and drive it to new heights. Don't miss out on this exceptional opportunity to own a profitable and well-regarded establishment in a prime location.
Amenities
This listing is a courtesy of Real
(855) 450-0442 office, listing agent Rich Kim
MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
About Franklin Lakes, NJ Real Estate Market
The borough of Franklin Lakes was founded in 1922 from the portions of Franklin Township under the act of the New Jersey Legislature. The town is named after Benjamin Franklin’s son, William Franklin, who was the last colonial governor of New Jersey.
Currently home to around 10,500 people, Franklin Lakes is one of the highest-income communities from Bergen County. The residents of the borough have a median household income of $160,000. Franklin Lakes is home to Becton Dickinson, one of the Fortune 500 companies in the world. It also has the headquarters of Medco Health Solutions. Several reality TV shows, such as The Real Housewives of New Jersey, My Super Sweet 16 and My Big Fat Fabulous Wedding, were shot in Franklin Lakes.
The borough of Franklin Lakes has many water bodies and places, which make the place look beautiful, such as Blauvelt Lakes, Bakers Pond, Ferdinands Mills, Campgaw, Crystal Lakes, Hopper Lake, Shadow Lake and Pulis Mills. You can contact New Jersey real estate agents for finding homes at a close proximity to these lakes.
| Population: | 10,590 |
| Total Housing Units: | 3,692 |
| Single Family Homes: | 3,452 |
| General Tax Rate (2023): | 1.729% |
| Effective Tax Rate (2023): | 1.416% |
| Compare To Other Towns |
Franklin Lakes Market Indicators
PRICE INDEX
| Average Price* (12mo): | $1,394,771 |
| Homes Sold* (12mo): | 80 |
SINGLE FAMILY HOME SALES
Franklin Lakes, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 1.729% |
| Effective Tax Rate (2023): | 1.416% |
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc.
All information deemed reliable but not guaranteed. Last date updated: 11/21/2024 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
“©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”
General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury
