GNC supplement store (franchise)
Business Description
GNC franchise located in a busy center with Kroger and Home Depot as anchors. Established for 30+ years and still growing the yearly sales number. Great customer base and increasing monthly due to local housing units being built. This store has a wide area of customer support due to the selection of products, consistent operating hours and reliable service. Sales were increased nearly 15% last year to nearly $600k and until then has been a very consistent performer with regard to gross sales. The gross sales variation was less than $25k per year for the past 4 years, always within the $500-$520k range. The competition is very limited in a 20-mile radius so the opportunity to grow it further is attainable.
About the Business
- Years in Operation
- 31
- Employees
- 3 (1 Full-time, 2 Part-time)
- Franchise
- This business is an established franchise
- Facilities & Assets
- Included in the sale is all furniture, shelving, cooler, Computer POS register and pin pad, security cameras and hub, Water cooler, stereo, signage and various cleaning tools (mop, buckets etc)
- Market Outlook / Competition
- very little competition in the immediate area. There is only 2 stores within 20 miles of this location and they are corporate owned giving this store a distinct advantage in sales.
- Opportunities for Growth
- The area is growing with regard to housing units being built. Expansion will only be attainable via purchase of additional units (GNC store)
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,200
- Rent
- $2,349.00 per month
- Lease Expiration
- 7/31/2026
About the Sale
- Seller Motivation
- Retiring and have other interests.
- Transition Support
- Owner will stay an train for the foreseeable future to assure a smooth transition. The time needed to allow the new owner will vary with experience. Owner will stay for up to 6 months to assist, on a part time basis.
Listing Info
- ID
- 2472737
- Listing Views
Business Location
Listing ID: 2472737 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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