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$490,000 Just Listed
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Property Description
Established Turnkey Restaurant Business for Sale! Excellent opportunity to own a well-established, popular Korean BBQ restaurant in a prime location in the heart of Matawan, NJ! This thriving local favorite offers Korean BBQ, bubble tea, ice cream, catering, fast-food takeout, and delivery services, attracting a diverse and loyal customer base. Generating approximately $500,000 in annual gross revenue, the business benefits from steady repeat customers, strong Uber Eats orders, and additional catering opportunities from nearby schools, offices, and local businesses. The approximately 1,250 SF restaurant features seating for up to 90 guests, 11 refrigerators, an ice cream machine, ample storage, and a fully equipped kitchen. Business Sale Only. Please do not approach employees or customers. Contact the listing agent for additional information and showing instructions.
Full Property Details
Full Property Details for 349 Matawan Rd
General
- Price: $490,000
- Status: Active
- Type: Commercial Service
- Source: Monmouth
- MLS ID: 22633423
- Updated: 10/22/2026
- Added to Site: 1 day(s) ago
Business
- Name: Ono Korean BBQ
- Business Type: Restaurant
Parking
- Total Spaces: 100
- Parking Features: Parking Lot
Location
- Area: Matawan (MAT)
- Municipality: Matawan (MAT)
- County: Monmouth
Heating & Cooling
- Heating Type: Other
Utilities
- Gas: On Site
- Dist. to Gas: On Site
- Sewer: Public Sewer
- Water: Public
Structural Information
- Current Bldg. Use: Restaurant
Financial Considerations
- Lease Price: $490,000
- Sub Lease Exp.: 2027-10-16
- Owner Pays: Common Area Maintenance, Hot Water
- Landlord Pays: Hot Water
Disclosures and Reports
- Inclusions: Equipment/Furniture, Business Name
- Property ID: 15-0323-0000-000002-15
- Section: Matawan
Listed by Prominent Properties Sotheby's International Realty, Henry Song
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Schools
Schools serving 349 Matawan Rd
School District:Old Bridge Township School District
| Name | Grades | Distance |
|---|---|---|
Old Bridge High School 4209 County Road 516, Matawan, NJ 07747 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 349 Matawan Rd
Date
Details
Price
Change
Source
10/22/2026
Listed
$490,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 349 Matawan Rd
349 Matawan Road, Matawan, NJ 07747 (MLS# 22633423) is a Commercial Service property. 349 Matawan Road is currently listed for $490,000 and was received on October 22, 2026. Want to learn more about 349 Matawan Road? Do you have questions about finding other Commercial Service real estate for sale in Matawan? You can browse all Matawan real estate or contact a Coldwell Banker agent to request more information.

