$199,000.00
Asking Price
Address: Glendale,
Status: Active
Posting ID: 290069
3/3/25
Description
Business For Sale: Oliv'e Market - Prime European Food Market in Glendale, CA
Location: 400 E Broadway, Glendale, CA 91205
Opened: 2022
Asking Price: $199,000
Overview:
Oliv'e 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 Oliv'e 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, Oliv’e Market is primed for long-term success.
For more details or to schedule a showing, please contact us today!
Please do not speak to anyone at this location!!!
Please Provide signed NDA and Proof of Funds for more Information
To get more information about this European Market - Prime Location, High Traffic business for sale in Glendale please phone Houmehr Mike Panoussi (Agent - BRE License #:01853627) at 661-816-1141 Cell and 661-816-1141 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #290069 on BizBen.com. In addition to phoning Houmehr Mike Panoussi, make sure you email Houmehr Mike Panoussi above to get more info about this European Market - Prime Location, High Traffic, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01853627. Liberty Business Advisors .
Contact
Details
Asking Price: $199,000.00
Down: Call/Email
Cash Flow: Call/Email
Revenue: $720,000.00
Area: Glendale
City: Glendale
Attributes:
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