GNC Nutrition And Supplement Franchise Store

Corona, CA (Riverside County)

GNC Nutrition And Supplement Franchise Store
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Asking Price: $65,000

Established: 2002

GNC Nutrition And Supplement Franchise Store

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Asset Sale Description

An asset sale, though the business is currently doing about $20,000 in monthly sales.

This business has been established for over 17 years in a very well established upscale area in corona with neighbors like albertsons supermarket, starbucks, pizza hut, upc, other eateries and banks in the same shopping center.

Business is suffering due to owner's lack of interest, marketing and lack of product on the shelves, an opportunity for the new buyer who is more focused.

Unlike other localities, there is only one GNC in Corona near a newly opened busy parkway.

Ad and royalty 9%..

Training provided by franchisor in pittsburgh for 1 week. Training and transfer $13,333.

Sales $240,000. Payroll $40,000. Rent $43,000. Royalty/ad $22,000, utilities, 2000. Cost of sales 50%.

Detailed Information

Location:
Corona, CA
Reason for Selling:
Focused on Other Business
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(from currently available funds)
 
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William Park

Asset Sale Listed By:
VR Business Brokers

VR Business Brokers

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB).

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