Grocery Market1 Meat & Deli1 Restaurant Permit

Asking Price$325,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$110,000

Inventory$75,000
Included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Grocery Market1 Meat & Deli1 Restaurant Permit


Asking Price$325,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$110,000

Inventory$75,000
Included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Presenting a golden opportunity to own a thriving turnkey grocery market located in the densely populated area of Van Nuys. This bustling establishment has become a staple within the Middle Eastern, Armenian-American, and Russian communities. Situated within a busy plaza alongside another anchor tenant, the store benefits from extremely high foot traffic, ensuring a broad customer base.

Established in early 2022, this business was built from scratch, boasting top-of-the-line fixtures and equipment. The store operates with permits for both a market and a restaurant, offering flexibility and potential for expansion.

The business has shown a steady growth trajectory and has successfully cultivated a loyal customer base that extends to surrounding cities. Offering a fresh variety of Middle Eastern groceries and a premium meat selection on a daily basis, this market has managed to carve out a unique niche.

The sale includes goodwill, inventory valued at $75,000, and all fixtures and appliances. The business has tapped into the growing trend of home deliveries, partnering with popular apps such as GrubHub, DoorDash, and UberEats, which has significantly increased its reach and sales.

This 2,740 SQFT space operates under an experienced manager, providing an impressive potential to boost revenues for a semi-absentee owner. The business could benefit further from a cost-effective minded individual who can effectively manage the cost of goods.

The store operates from a premise with a reasonable monthly rent of $7500. It is currently an absentee-owned business,
About the Business
Years in Operation
4
Employees
5 Full-time
Listing Info
ID
2457979
Listing Views
6
Attached DocumentsAttachment Disclaimer

NDA-SPK Realty.pdf


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Business Listed by: Vartan Kebabjian SPK Realty

Listing ID: 2457979 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.