GNC Health And Nutrition Store In Duluth, GA For Sale

Description

GNC franchise store for sale in Metro Atlanta.

The store generates average annual sales of approximately $293,000.

Reported net profit is close to $40,000 per year after approximately $50,000 in payroll and other operating expenses.

The seller is minimally involved in daily operations and is preparing to semi-retire.

Financial details

• Average annual sales: approximately $293,000
• Reported annual net profit: approximately $40,000
• Annual payroll: approximately $50,000
• Average product margin: approximately 53%
• Monthly rent including CAM: approximately $2,180

Franchise fees

• Royalty: 6% of sales
• Marketing fee: 3% of sales
• One-time franchise fee for the buyer: $27,500

The seller states that no additional franchise fee applies if the buyer later acquires additional GNC locations. Buyers should confirm this directly with the franchisor.

Current hours are 10:00 AM to 7:00 PM Monday through Friday, 10:00 AM to 6:00 PM Saturday, and 12:00 PM to 6:00 PM Sunday.

The store is located along Peachtree Industrial Boulevard in Gwinnett County, near retail businesses, apartments and service companies.

The seller reports traffic of approximately 59,200 vehicles per day and continued population growth within a five-mile radius.

The asking price is $79,000 plus inventory, estimated at approximately $60,000 to $80,000 at cost.

A full-time owner-operator may be able to reduce payroll expense by taking on additional store responsibilities.

The sale and continued operation under the GNC brand are subject to franchisor approval and applicable transfer requirements.