Gnc Health & Food Supplement Store

Location: United States -> California -> Southern California – All Southern California -> San Bernardino
Industry: Franchises > Retail

Businesses for sale Summary

Buy an existing profitable General Nutrition Center (GNC) Franchise – make money and Play it Safe! Location! Location! Location! Proven Health store franchise in same location for 10 years recently got great new neighbors to increase shopper traffic. Although the mall was already anchored by Wal-Mart, Ross for Less and a 99Cent Store just moved in next door and traffic is rapidly increasing. The owner visits this store only once per week. A working new owner would add significant sales just by being there. Current owner made a mistake and purchased too far away from his Orange County home. Hence, he hasn’t been able to ”mind-the-store”. It has been run semi-absentee for about 4 years. A full time owner who worked 48 hours per week in this store should make about $125,000 with $360,000 in sales. The proprietary interest that a working owner would bring to the store would double the current profit rate. The location has all of the ingredients for total success including freeway access from two major Interstate freeways and great neighborhood demographics. The ”big boy” fellow store tenants know demographics and they realize this location is a winner. The store is offered turn-key with a successful and well known franchise supporting it. The new owner just needs to get the word out since the current owner has done no promotion or advertising whatsoever. Check out the www.GNC.com website for more franchise information. This store is a winner. Make it yours before it is too late!

For more information, please contact Roger Civalleri or Carrie Lockwood at 310-539-8300.

Financials

Asking Price Range:  < $250K
Gross Revenues:   $240,000
Cash Flow:   $64,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $55,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1998
Number of Employees:  4 – 5
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will provide training.
Reason For Selling:  Far commute