Grocery Market W/ Restaurant Permit

Van Nuys, CA
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Asking Price:$385,000
Established Year:2022
Inventory:$50,000
BUSINESS DESCRIPTION

Turnkey Grocery market in a densely populated Van Nuys. Serving Middle Eastern, Armenian-American and Russian communities. This highly popular store is located in a busy plaza with another anchor tenant which generates extremely high foot traffic. The Business was built out completely from scratch with top of the line fixtures & equipment. Opened for business in early 2022. The store has permits to operate as a market & restaurant. The business is steadily growing and has already loyal & regular customers coming in from the surrounding cities. The store offers daily fresh variety of Middle Eastern groceries and premium meat selection. The sale of this business includes goodwill, Inventory (50K), fixtures & appliances. Deliveries are upward with various apps such as GrubHub, DoorDash & UberEats food & deli. Great potential to increase the revenues drastically for a semi-absentee owner with an experienced manager in place. The business needs to be managed with a cost effective minded person to decrease cost of goods. The space is 2,740 SQFT. with a reasonable monthly rent of $6,695. Business is currently operating as an absentee owner. The plaza has plenty of free parking and assigned spaces specifically for this business. Priced for a quick sell!


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Employees
5
Support & Training
Business was built out from the scratch with top of the line fixtures and equipment
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Vartan
Kebabjian
SPK Realty
Vartan Kebabjian