GNC Health And Nutrition Store In Duluth, GA For Sale

Description

Key FinancialsSales average 293,000 dollars per year. Net profit nearly 40,000 dollars per year after 50,000 dollars in payroll and all expenses. Owner-operator can take home more by reducing payroll. Rent including CAM is 2,180 dollars per month. Average product margin of 53 percent. Franchise royalty is 6 percent plus a 3 percent marketing fee. Buyer pays a one-time 27,500 dollar franchise fee to become a franchisee. No additional franchise fees for acquiring more GNC locations.Store InformationSeller is minimally involved and planning to semi-retire. Store hours: 10 AM to 7 PM Monday through Friday, 10 AM to 6 PM Saturday, 12 PM to 6 PM Sunday. Owner-operator can run the store full-time. Located on Peachtree Industrial Blvd in Gwinnett County. Strong visibility with dense retail, apartments, and service businesses nearby.Location DetailsPopulation within a 5-mile radius growing at 5.81 percent per year. Average traffic count of 59,200 vehicles per day. Nearby schools serve 8,000 plus students. Nearby colleges serve 20,000 plus students. Ongoing redevelopment in Duluth and Gwinnett County.Located in Metro Atlanta. 15 minutes from Suwanee, 35 minutes from Lawrenceville, 40 minutes from Alpharetta.Asking Price79,000 dollars plus inventory estimated between 60,000 and 80,000 dollars at cost.