GNC Store For Sale
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $275000
Net Profit / Cash Flow $50000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1999
Number of Employees 1 - 3
Inventory $90,000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Retiring.
Description GNC is 11 times larger than it's nearest competitor. It is a highly recognized health and wellness brand. There are over 95 million Americans over the age of 50 many who use vitamins daily. Protein drinks are a target of younger customers as they supplement their workouts. This is a growing industry even today as many people continue to focus on nutritional health.
Located on a busy main road in a strip mall with twenty stores. Rent is $1800/mo for 1200 square feet. Store is in great condition.
Competition: This business is in a prime location situated between several local Gyms. New store will cost $165,000- $210,000 to open. You are getting immediate cash flow from an established store with a customer base of 600 plus.
Brand new national chain convenience store being built across the street from strip mall will dramatically increase traffic to area. New owner can boost sales with advertising campaign. Owner will stay on to train. Corporate has a training program for new owners.
Reason Selling: Owner ready to retire but will be local to help with transition
Year Established: 1999.
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