$99,000

Absentee Operated GNC Health & Nutrition Store in Cumming, GA!

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.

If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com

Details

Price: $99,000
Property Type: Business-only
Purpose: Rent
Status: Normal
Address: Cumming, GA
State: GA
Zip Code: 30040
City: Cumming
Country: USA

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The locations for these businesses are approximate and not exact. Please do not visit these locations based on the map.

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