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VR Business Brokers - Artesia, CA
17100 PIONEER BLVD #195
ARTESIA, CA 90701
(562) 402-2686
www.bizbizbiz.com
roopasyed@gmail.com
 

VR Business Brokers - Artesia, CA

17100 PIONEER BLVD #195
ARTESIA, CA 90701
(562) 402-2686
www.bizbizbiz.com
roopasyed@gmail.com

Business Listing Details

LISTING#:
01984583RS

H2500: Health, Fitness & Nutrition
GNC Nutrition and Supplement Franchise for Sale
LOCATION: Riverside County
  
ASKING
PRICE

$50,000
AMOUNT
DOWN

$50,000
REVENUES:
  
DISCRETIONARY
EARNINGS

TOTAL
ASSETS

$50,000
An ASSET SALE, though this GNC store 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 Franchiser 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%. 

 
Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies.