Overview: The Market is a thriving European food market located in the heart of Glendale, CA. With a prime location and established customer base, this market is a turnkey opportunity for a savvy buyer to step in and continue growing. Offering a wide variety of European food items, this market also presents an excellent opportunity to expand by adding services like a European-style coffee shop, juice bar, or Mediterranean food items.
Key Features:
Prime Location: Situated in a high-traffic area on East Broadway in Glendale, surrounded by a vibrant neighborhood, with great visibility and accessibility. Fully Equipped Kitchen: A state-of-the-art kitchen ready for a range of culinary possibilities. Beer & Wine Opportunity: Possible to obtain a license to serve beer and wine, further enhancing the business potential. Outdoor Seating: New buyer can utilize outdoor seating to create a welcoming ambiance, perfect for customers who wish to enjoy their meals al fresco. Operational Hours: Open 7 days a week, from 9:00 AM to 8:00 PM. Well-Established Staff: 8 full-time and part-time employees, including one backer/cook. Current Gross Revenue: $60,000/month. Affordable Rent: $12,000/month (including NNN) – ($9,000 base + $3,000 NNN). Payroll: $20,000/month. Lease Terms: 3 years remaining on the lease with a 5-year option to extend. Seller Investment: Over $300,000 invested in setting up the business for success. Social Media: Strong online presence, providing excellent marketing opportunities. Expansion Potential: The new owner has significant opportunity to customize and add more offerings to generate additional income streams, including:
European-style Coffee Shop Juice Bar Mediterranean Food Items
Why this Market? This is an exceptional opportunity for an entrepreneur looking to invest in a well-established business with significant growth potential. The market is in a high-demand area, benefiting from foot traffic and strong local interest. Whether you continue with its current European food offerings or expand to introduce new concepts, The Market is primed for long-term success. For more details or to schedule a showing, please contact us today!
