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GNC Franchise Vitamin Store

Riverside County, CA
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Asking Price:$170,000
Gross Revenue:$586,800
Established Year:2008
Cash Flow:$54,000
Inventory:$60,000
Listing ID: 2257994Listing provided by BizBuySell
BUSINESS DESCRIPTION

16 years well established GNC Vitamin Store in a most busy mall in Riverside by same owner. GNC Holdings, LLC is an American multinational retail and nutritional manufacturing company. It specializes in health and nutrition related products, including vitamins, supplements, minerals, herbs, sports nutrition, diet, and energy products. Information is in Wikipedia. Steady income and easy to handle with short hours open. Owner wants to sell the business for reduce work with his age. Lease has 2 years left and no issue to renew every 5 years for long time. Owner dedicate himself only 3 days and some hours work in a week. If new owner willing to work full time , The Income will be much more increase. Please don't call, but EMAIL TO AGENT.

DETAILED INFORMATION
Location
Riverside County, CA
Inventory
Not Included in asking price
Employees
2
Facilities
The store size is 1200 sq ft. Lease has 2 years left and no issues to renew every 5 years for long time. The inventory is not included in the purchase price , Buyer will assume the inventory with cash before close of Escrow.
Competition
The shop is a only shop to sale vitamin in the mall.
Growth & Expansion
The owner has another location in an other city far distance and now want to reduce own work by himself aging. He is working about 3 days and some hours in a week for this location. If new owner work full time with reduce the employees wage and better service to the loyal customers, will be more income guaranteed. It is very easy to work and handle the shop even full time because of short hours open each day. Need English.
Financing
Seller looking for Cash buyer as possible.
Support & Training
Buyer will be trained before close of escrow.
Reason for Selling
Owner has another location in an other city far distance and now want to reduce
Franchise
This business is an established franchise
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Simon
Hong
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Simon Hong
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