Food Market

  • Status: Pending
  • Price: $149,999

Houmehr 'Mike' Panoussi

License No:
DRE #01853627
  • Listing No: 6341
  • Status: Pending
  • Area: Los Angeles
  • Price: $149,999


Asking Price: $149,999 + Inventory at cost ($50K)
Please do not speak to anyone at this location!!!

Thriving Family-Owned Mediterranean Market & Deli in Los Angeles County! Seize the Opportunity to Own a Unique Market with Diverse Offerings!

Key Features:

Location: Prime spot in the Antelope Valley area.
Sales: Average gross sales of $60K, and growing!
Size: Spacious 2,121 sq ft. market.

Product Range: Exclusive offerings of Armenian, Persian, Arabic, Indian, and more!

Deli Section: Known for its variety and quality.

Business Growth: Flourishing year after year for the past 5 years.
Expansion Potential: Added lotto recently, option for beer & wine license.

Lease: Renewal option of 5+5 years, rent includes NNN.

Business Overview:

This thriving market & deli presents an exceptional opportunity to step into a
successful family-owned enterprise. Strategically located in Los Angeles County, it
boasts a loyal customer base drawn to its unique selection of specialty products
and fresh produce from diverse cultural backgrounds. The market has become a go-to destination for those seeking Armenian, Persian, Arabic, Indian, and other
specialty items. Its well-curated deli section further adds to its appeal, offering customers a wide array of choices.

Business Growth: With consistent year-over-year growth since inception, this market is poised for continued success under new ownership. The recent addition of lotto services has already contributed to revenue, with further potential for expansion through a beer & wine license.
Investment Details:

Inventory: Additional to the asking price ($50K at cost).
Lease Renewal: Secure 5+5 years lease option.
Rent: Affordable rent at $3,000 per month, including NNN.

Why This Opportunity?

Unique Market Position: Sole provider of diverse specialty products in the area.

Proven Success: Consistent growth over the past 5 years.

Expansion Potential: Room for further revenue streams with lotto and potential

beer & wine license.

Turnkey Operation: Ready for seamless transition to new ownership.
Don’t miss out on this fantastic opportunity! Contact us today to learn more and arrange a viewing.

Please provide signed NDA and Proof of Funds for more information

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased: 2019
Business Type: Market
License(s) Required: Business, Health, Lotto
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6341
Date Available: 08/25/2021
Reason For Sale:

Financial Information

Annual Total:
Annual Net Income:
Monthly Payroll:

Lease Information

Base Rent:
Lease Expires:
Lease Option:
2 x 5 years option

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:

Contact Us



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