GNC Franchise Fort Lauderdale

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Top 20 GNC franchise in the Nation.
Asking Price:
$1,150,000

Gross Revenue:
$960,000
Cash Flow:
$235,000
EBITDA:
$121,333
Inventory:
$102,444
not included in asking price

FF&E:
$51,876
included in asking price

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Business Description

GNC is a leading global specialty retailer of health and wellness products, including vitamins, minerals and herbal supplements products, sports nutrition products and diet products. The diversified, multi-channel business model derives revenue from product sales through domestic company-owned retail stores, domestic and international franchise activities, third-party contract manufacturing, e-commerce and corporate partnerships. The strength of the GNC brand, which is distinctively associated with health and wellness, combined with the stores and website, give to the company, broad access to consumers and uniquely position it to benefit from the favorable trends driving growth in the nutritional supplements industry and the broader health and wellness sector.

The store is located in Fort Lauderdale, Florida. It is just two blocks away from the Everglades Port, one of the most diverse seaports in the United State, on the southeast coast of the Florida peninsula, Port Everglades is one of the top three cruise ports in the world, is among the most active containerized cargo ports in the United States.

The store started operations 20 years ago in the area and have developed a solid customer base, with a new la fitness gym around the corner, and not other specialty store in more than 3 miles, makes the store, a difficult to find investment opportunity for any one that just wants peace of mind.

About the Business

Year Established:
2001
Number of Employees:
3
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,470
Lease Rate/Sq. Ft./Mo.:
$22.50
Lease Expiration:
5/1/2021
Facilities:
Great city location, 1,470 SF space, totally furnished and Equipped.
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About the Sale

Reason For Selling:
Owners want to convert the holdings into cash and diversify their investments.
Training/Support:
40 Hours Corporate Training and all year support provided by the corporation

Listing Info

ID:
1392667
Ad Detail Views:
1010

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Business Listed by
Juan Maggi

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U.S. Census Data for Broward County, FL
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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