Profitable Mediterranean Restaurant for Sale - Prime Panorama City Location Magma Grill, a highly successful Mediterranean restaurant in Panorama City, is now available for sale. This thriving business generates strong revenue from catering orders, delivery apps, and a steady flow of dine-in customers. Strategically located near the 405 Freeway at the Roscoe exitbetween the 101 and 118 freewaysit offers high visibility and easy accessibility. Situated in a corner plaza with ample parking, the restaurant benefits from consistent foot traffic and a loyal customer base. The fully equipped kitchen is designed for high-volume operations, featuring two large hoods on opposite ends, a massive walk-in cooler, multiple prep tables, multiple deep fryers, a gyro machine, a flat-top grill, a six-burner stove with an oven, a charbroiler, multiple sinks, and extensive storage. This setup allows for efficient food prep and the ability to handle large catering orders seamlessly. With a well-established presence on popular delivery platforms and a strong catering clientele, Magma Grill provides multiple income streams beyond traditional dine-in service. The current owner is offering training to ensure a smooth transition, including guidance on supplier relationships and operational details. Financial information is available upon request for qualified buyers. This is a rare opportunity to acquire a profitable, turn-key restaurant in a prime location.
MLS# | SR25040117 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 55 |
Listing Provided By | Re-Search Concept 818-709-7907 | Caroline Harabedian |
SQ Feet | 2,000 |
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State | CA |
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County | Los Angeles |
City | Panorama City |
Zip Code | 91402 |
Area | PC Panorama City |
Listing VS Median (In 91402) | |
Price: $100,000 low | high Med: $575,000 SqFt: 2,000 low | high Med: 1,450 $ / SqFt: $50 low | high Med: $397 On site: 55 low | high Med: 40.000000 |