NORTH HOLLYWOOD, California
| Asking Price |
$275,000 |
Year Established |
2023 |
|
| Annual Revenue |
|
Reason for Selling |
Other Business Interests |
|
| Annual P/L |
|
Attention |
Sarkis Kaladzhyan |
|
| Annual Cash Flow |
|
Listing Number |
985722 |
|
| # of Employees |
2 |
Business Category |
Food & Beverage: Grocery & Food Stores |
|
Business Overview:
Licensed for dual use grocery and restaurant (restaurant up to 30 seats - patio dining only), this Armenian/Russian establishment is a rare gem in a bustling North Hollywood (NoHo) shopping plaza. The store features authentic Armenian and Russian products, including fresh produce, premium deli items, and specialty goods like caviar. The butcher section offers fresh meats and seafood, while the fully equipped kitchen delivers a vibrant Mediterranean menu inspired by Armenian and Russian cuisine. Customers can enjoy meals to-go or dine on-site in the inviting outdoor covered patio. Catering services are also available for events of all sizes. With its prime location, this business offers an excellent opportunity to expand or introduce a unique concept. For addition information, please contact Sarkis Kaladzhyan
Property Features and Assets:
<p>This is a leased location of 2,400 square feet with a Total monthly rent of $8,000. Lease ends 10/2029 with 5 Options 1 Year Rent options. Seller is active with 1 FT and 1 contractual employee. Hours of operation are Monday - Saturday 9 am to 10 pm, Sunday 9am to 6pm. $100,000 in inventory and $100,000 in FF&E included in the asking price. $40,000 made in leasehold improvements. Public Health Permits: Food Market Retail - $289. Restaurant $1,206 license required.</p>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity