$385,000.00
Asking Price
Address: Victory Blvd, Van Nuys,
Status: Active
Posting ID: 289853
5/27/25
Description
Turnkey grocery market located in a densely populated area of Van Nuys, serving Middle Eastern, Armenian-American, and Russian communities. This highly popular store is situated in a busy plaza with an anchor tenant that generates extremely high foot traffic. The business was completely built out from scratch with top-of-the-line fixtures and equipment, opening its doors in early 2022.
The store holds permits to operate as both a market and a restaurant. Its customer base is steadily growing, with loyal and regular patrons from the surrounding cities. The market offers a daily fresh variety of Middle Eastern groceries and a premium meat selection. The sale of this business includes goodwill, inventory valued at $50,000, as well as fixtures and appliances.
The business also provides delivery services through apps such as GrubHub, DoorDash, and UberEats for its food and deli offerings. There is significant potential to increase revenue, especially for a semi-absentee owner with an experienced manager in place. However, effective cost management is essential to reduce the cost of goods.
The space occupies 2,740 square feet, with a reasonable monthly rent of $6,695. The business currently operates under absentee ownership. The plaza features plenty of free parking, including assigned spaces specifically for this business. This opportunity is priced for a quick sale!
To get more information about this Grocery Market Deli - With Restaurant Permit business for sale in Van Nuys please phone Vartan Kebabjian (Broker - BRE License #:00958116) at 626-755-1775 and 626-405-8887 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #289853 on BizBen.com. In addition to phoning Vartan Kebabjian, make sure you email Vartan Kebabjian above to get more info about this Grocery Market Deli - With Restaurant Permit, to ask any questions or request an appointment to see this business for sale. Thank you. License # 00958116. SPK Realty .
Contact
Details
Asking Price: $385,000.00
Down: Call/Email
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Revenue: Call/Email
Area: Van Nuys
City: Van Nuys
Attributes:
My Notes About This Listing
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Revenue
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Cash flow
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Revenue
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Down
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Cash flow
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Cash flow
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Revenue
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Down
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Cash flow
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Down
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If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
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Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
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