So a couple of friends approached me over the weekend about opening a supplement store in our town. The only place to buy supplements around here are GNC and what little supplements the local gyms have. There are a few gyms around....Gold's, a local gym that is as big as Gold's, a third local gym that is pretty big, and then the little mom and pop places around. My one friend has looked into a business that will come in and set everything up including stock, contacts, accounts with the major brands, etc...for 85k. It is not a franchise and you own the business once they leave but they give you free sales and marketing advice from now on. What do you guys think of this? There would be 3 of us going in on it and I actually think it would do pretty well. We can find a spot between the two major gyms. We also saw a place in MS this weekend where they had a protein smoothie bar where they would mix up whatever you wanted and they were selling them like crazy! I know we could beat GNC's prices but the internet is what I would be worried about.
Any opinions?
Any opinions?
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