Price Reduced Listing
$100,000
( $50.00Per Sq Foot )
 $537 est/mo Sourced by Back At You

8253 Sepulveda Boulevard , Panorama City, CA 91402

Panorama City, CA 91402

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Description

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.

Details

MLS#SR25040117
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site55
Listing Provided ByRe-Search Concept 818-709-7907 | Caroline Harabedian

Features

SQ Feet2,000

Market Activity 91402

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 9 seconds ago
StateCA
CountyLos Angeles
CityPanorama City
Zip Code91402
AreaPC Panorama City
Listing VS Median (In 91402)
Price:
$100,000
low | high
Med:
$575,000
100% of Average
SqFt:
2,000
low | high
Med:
1,450
77.5% of Average
$ / SqFt:
$50
low | high
Med:
$397
100% of Average
On site:
55
low | high
Med:
40.000000
100% of Average
Sourced by Back At You
Listing Updated: April 7, 2025 at 9:40:54 PM PDT