GNC Franchise - Great Margins
Location Illinois,United States
Asking Price Range < $250K
Gross Revenues $200000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 1 - 3
Inventory Inv. 25000(not include) FFE 35000(include)
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training In addition to the 2 weeks of formal training ...
Reason for Sale This former ''empty nester'' has purchased a ...
Description As the babyboomers age, the market for health and nutritional products is exploding...and established providers are the greatest beneficiaries! GNC sets the standard in the health and nutrition industry by demanding truth in labeling, ingredient safety and product potency, all while remaining on the cutting edge of nutritional science. In fact, General Nutrition Centers is the world's largest company of its kind devoted exclusively to helping its customers improve their quality of life. From scientific research and new product discovery to manufacturing and packaging process, GNC takes pride in their rigorous approach to ensuring quality. If you're going to own a GNC why not take a premeir location!
A new and well kept store, located in the center of a large strip mall, anchored by Dominics poised along a new commercial corridor that is surrounded by newly developed residential areas. Leased at just $16/sq.ft., and located along a main throughfare, this 1,200 sq.ft. facility is a steal.
The owner has carefully developed this store, locating it along one of the fastest growing corridors in the NW suburbs, working the store to develop customer retention and focusing on margins. The gross margin has consistently improved from 53.8% in the initial year to more than 60% this year!
This locale is growing by leaps and bounds! Strong commercial develpoment along the throughfare and a number of mid to high income residential developments have made this an entrepreneur's dream! Direct mailings to the new residential areas all this store needs to grow!
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