GNC Health & Nutrition Store In Duluth, 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. Duluth Location: Sales are approximately $293,000 per year! Net Profit is nearly $40,000 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 $2,180 per month! Extremely High Average traffic count of 59,200 vehicles passing by the store each day! Located on Peachtree Industrial Blvd with strong visibility along one of Gwinnett County's busiest commercial corridors! Population within a 5-mile radius is increasing substantially at 5.81% per year! Strong daily traffic exposure from commuters and surrounding residential communities! Surrounded by dense retail, apartments, and service-based businesses driving repeat customer traffic! Nearby schools, including Duluth High School, Coleman Middle School, Chattahoochee Elementary School, Berkeley Lake Elementary School, and other Gwinnett County schools, collectively serve approximately 8,000+ students and faculty within the surrounding area. Nearby colleges and universities, including Georgia Gwinnett College, Gwinnett Technical College, and other nearby institutions, collectively serve approximately 20,000+ students and faculty. Ongoing redevelopment and mixed-use projects in Duluth and surrounding Gwinnett County, including residential expansions, retail center upgrades, and commercial corridor improvements along Peachtree Industrial Blvd, are driving population growth and sustained economic activity in the area. Located in Metro-Atlanta! 15 min from Suwanee, GA! 35 min from Lawrenceville, GA! 40 min from Alpharetta, GA! Asking Price for the Duluth location is $79,000 plus inventory! Inventory is guesstimated between $60,000 to $80,000 at cost.

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