Review

Retail
Retail Related
In or near Contra Costa

Status: Available
Price: $99000
Sq Ft: 1,200 Sq Ft.

LBA Listing # 3808
Retail
Retail Related


Contra Costa LBA Listing # 3808
As the franchise says: We have helped individuals like you achieve various health and fitness goals by offering top quality dietary and nutritional supplements and services coupled with unparalleled personalized attention all at guaranteed low prices. This franchise resale offers approximately a 1,200 sq.ft. premise rented at  a base rent of $3,724, with NNN/Cam of $4,909. This is a 5 year lease expiring June of 2020 offering one, five year renewal. The seller's lease deposit is $ 3,300. The reported Gross sales have been averaging around $1,000 per day. For the year ending 2016 =379,K for 2017 =329,K for 2018 = 388,K These are the numbers that seller has provided. The current franchisee says a working owner, knowable about health and fitness overall should be able to net around $60,000 yearly. The store is currently being run owner absentee with 3 x part time employees. 
Status: Available
Price: $99000
Sq Ft: 1,200 Sq Ft.  


Business Information Financial Information
Ownership Type:  Corporation
Year Established:
Year Purchased: 2015
Business Type: selling Vitamins / Supplement
License(s) Required: Business
Hours of Operation: 10 am-8 pm/7 x days a week
Business Relocatable: No
Business Is A Franchise: Yes
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3808
Date Available: 10/24/2019
Reason For Sale: Other interest.
Annual Total Revenue: 388,000
Annual Net Income:
Inventory: 30,K which is not in asking price.
Monthly Payroll: 4,000/m
Lease Information
Base Rent: 3,724/m
Lease Expires: 2020
Lease Option: 1 x 5 years option
NNN: 626/m
 
Financing Information
Down Payment: 99,000
Owner Will Carry:
Other Finance Terms:
Disclaimer: This Information has been supplied to Broker by Seller. Broker expressly disclaims any and all liability for representation of warranties, expressed or implied, contained in such information, or for omissions from them. Broker believes such information to be correct, but has not verified or checked it. Any agreement or decision by Buyer to pursue a transaction regarding this Business should be based on further investigation by the Buyer. This information is shared by all Brokers/Agents at Liberty Business Advisors of San Francisco, Inc.