GNC franchise location

Canal Winchester, OH
listing image
Asking Price:$225,000
Gross Revenue:$500,000
Rent:$2,239/Month
Established Year:2014
Cash Flow:$224,147
Inventory:$75,000
FF&E:$225,000
BUSINESS DESCRIPTION

Supplements, Nutrition and General Wellness

Well established health and wellness location for over 30 years. Great store generating traffic from a loyal customer base situated in a convenient location. Easy highway access to a well established center that includes anchors such as Kroger, Home Depot and various restaurants. Self-managed google account along with social media outlets. This is a multi-area customer draw location with estimated radius of 20 miles. Extremely consistent sales numbers along with high yearly foot traffic will provide the path to continued success in this location. Many untapped avenues for growth still exist in the area. New online programs initiated by the parent company will only add to the sales numbers and growth potential. Owner will stay on to help with transition for an agreed amount of time if desired.


DETAILED INFORMATION
Location
Canal Winchester, OH
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,200
Lease Expiration
31/07/2025
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All current assets in store convey. Furniture, electronics, signage, coolers, shelving, TV lighting etc. Current lease is to be renegotiated by July 2025. The landlord is very amicable and wanting to have this location maintain a presence in the center. GNC has been here for over 30 years, so it is well established. Facilities are well kept and maintained. Owner will assist in lease negotiations as will GNC I am certain.
Competition
There are virtually zero competitors within 7+/- miles of this location. The real benefit is realized in the FACT this (your) family owned and operated business will provide superior customer service and product selection compared to the GNC corporate locations in the area. This is an extremely strong location and loyal customer base store.
Growth & Expansion
There is a wealth of opportunity to increase the gross sales numbers for someone who want to increase their footprint in community involvement, social media, local charity events.
Financing
negotiable
Support & Training
Owner will stay on for 30 days or as negotiated with purchaser.
Reason for Selling
Retiring and relocating
Franchise
This business is an established franchise

BUSINESS LOCATION
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Dan Mosedale
Dan Mosedale