GNC Health & Nutrition Store In Cumming, GA!

Business Overview:

Two GNC franchise stores located in high-traffic retail corridors in Cumming and Duluth | Metro-Atlanta, GA!
Buy One or Buy Both! Both locations are only 30 min from each other!
Combined Sales are approximately $622,000 per year!
Combined Net Profit is over $84,000 per year AFTER paying $100,000 in total payroll for both stores as well as franchise royalties, marketing fees, rent and all other expenses!
Strong average product margin of 53%!
Franchise royalty is only 6% plus a Marketing fee of 3%!
Buyer must pay a one-time $27,500 franchise fee to become a franchisee. Once you become a franchisee, then you do not need to pay any additional franchise fees when acquiring more GNC locations!
Seller is minimally involved in day-to-day operations. Strong opportunity for an owner-operator to improve margins and increase profitability and reduce payroll expenses!
Minimal hours! Stores are only open from 10 am to 7 pm Monday thru Friday; 10am to 6 pm Saturday; and 12 pm to 6 pm Sundays! Owner-Operator can single handedly run the store full-time!
Seller plans to semi-retire.
A unique opportunity to operate independently with full flexibility to maximize margins and business potential.

Cumming Location:
Sales are approximately $329,000 per year!
Net Profit is over $44,000 per year AFTER paying $50,000 in employee payroll as well as franchise royalties, marketing fees, rent and all other expenses!
Rent including CAM is only $2,400 per month!
High Average traffic count of 29,300 vehicles passing by the store each day!
Located in a major commercial plaza, this store benefits from a busy retail setting near major national retailers including Target, Walmart, and Lowe’s, driving consistent traffic to the store!
Close proximity to major household name restaurants including Texas Roadhouse, Chick-fil-A, Panera Bread, Chipotle, and Buffalo Wild Wings!
Median household income exceeds $127,000! Customer base is health conscious and with strong disposable income toward health-conscious products provided by GNC!
Nearby schools, including South Forsyth High School, Lambert High School, Lakeside Middle School, Sharon Elementary School, and other Forsyth County schools, collectively serve approximately 10,000+ students and faculty within the surrounding area.
Nearby colleges and universities, including the University of North Georgia (Cumming Campus), Lanier Technical College, and other nearby institutions, collectively serve approximately 10,000+ students and faculty.
Population within a 5-mile radius is BOOMING at a 6.79% increase each year!
New residential and mixed-use developments continue to expand across Forsyth County, including large-scale housing communities and retail corridor growth along GA-400 and surrounding areas, contributing to increasing population density and long-term customer demand.
Located in Metro-Atlanta! 30 min from Alpharetta, GA! 40 min from Roswell, GA! 40 min from Gainesville, GA!
Asking Price for the Cumming location is $99,000 plus inventory!
Inventory is guesstimated between $60,000 to $80,000 at cost.

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