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Listed by Caroline Harabedian • Re-Search Concept
$ 120,000
Est. payment | /mo
2,000 SqFt
$ 120,000
Est. payment | /mo
2,000 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $60
MLS Listing ID CRSR25040117
HOA Y/N No
Originating Board Datashare California Regional
Property Sub-Type Business
Property 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 exit—between the 101 and 118 freeways—it 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 detail
Location
State CA
County Los Angeles
Interior
Fireplace No
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227