For Sale
$350,000

36 John Ringo RdRingoes, NJ 08551

Profitable Restaurant, 53-Year History, Triple-Net Lease Available

Overview

Added:
Feb 3
Days on market:
62
This exceptional business opportunity presents the chance to acquire a well-established restaurant in Ringoes, NJ, boasting a remarkable 53-year history under the same family ownership. The restaurant has thrived, even exceeding pre-pandemic performance levels. Currently operating six days a week, from 7 AM to 2 PM, the business offers significant potential for expansion, including evening hours. The current operational model is cash-only. A key advantage for prospective buyers is the seller's willingness to offer a triple-net lease on the building and all equipment, minimizing upfront capital expenditure. This turnkey operation provides immediate access to a loyal customer base and a proven business model. The restaurant's longevity speaks volumes about its consistent appeal and strong community ties. Financial records will be made available to qualified buyers during the due diligence process. This represents a rare opportunity to acquire a profitable, established business with a long and successful history, ready for continued growth and expansion under new ownership. The business has been operating successfully since 1971, demonstrating its resilience and adaptability within the market. The triple-net lease structure offers a streamlined and predictable operating cost model. Serious inquiries only.

Property Details for 36 John Ringo Rd

Property type
Investment properties

Location Insight

City
Ringoes
County
Hunterdon
State
New Jersey
Latitude
40.42938
Longitude
-74.8675
36 John Ringo Rd, Ringoes, New Jersey

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36 John Ringo Rd
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