Japanese Restaurant 881 State Route 10

Investment Highlights

High Traffic/High Visibility Restaurant In business over 30 years

Executive Summary

Welcome to an incredible investment opportunity ? Nikko Japanese Restaurant, a renowned establishment located on a bustling corner along Route 10 in Whippany. This thriving restaurant, sitting on nearly 2 acres, presents an ideal prospect for both seasoned restaurateurs and entrepreneurs looking to make their mark in the culinary scene.Property Highlights:Prime Location: Situated on 200 feet of frontage along Route 10, ensuring maximum visibility and foot traffic.Ample Parking: Enjoy the convenience of abundant parking space for both patrons and staff.Great Signage: Benefit from prominent signage that enhances the restaurant's visibility to passersby.Business and Additional Acreage:Included with the sale is an additional lot featuring a charming single-family home.Future Expansion: The extra acreage allows for potential expansion or redevelopment, making it suitable for various commercial uses with the possibility of a larger structure and parking. Also, two large scale construction projects are upcoming within walking distance that will add hundreds of new residents to the area.Nikko Japanese Restaurant:Award-Winning: Recently named "BEST JAPANESE" by New Jersey Monthly Readers Choice Awards.Explore the lucrative market of catering with an established client base.Traditional "Tatami" Room: A unique feature that adds cultural richness and caters to diverse customer preferences.Exquisite Menu: Boasting a diverse menu of Japanese cuisine, sushi, and other delectable offerings.Large Bar: Enhance the dining experience with a spacious bar, complemented by a broad Class C liquor license.Proven Profitability: Nikko Japanese Restaurant has consistently generated profits for over three decades.Strategically located with easy access from Routes 10, 287, 24, and 80.Don't miss this extraordinary opportunity to acquire a successful and well-established restaurant along with valuable real estate in a prime location. Whether you're looking to continue the restaurant's legacy or explore new commercial ventures, this offering provides the perfect foundation for your entrepreneurial ambitions.

• Sale Type    Investment or Owner User
• Sale Conditions    Bulk/Portfolio Sale Bulk/Portfolio Sale Business Value Included Bulk/Portfolio Sale
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    3,158
• Year Built    1970
• Price    3,400,000
• Price Per SF    1,077
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.14
• Land Acres    0.52 AC