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Gnc Store Well Established In Lakeland Area For Sale

Lakeland, Florida, US
Asking Price:
$140,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$366,164
Cash Flow:
$25,869

Newly remodeled and Long time established GNC store for sale located in the growing Lakeland Area within Polk County. Founded and nurtured by a dedicated husband-and-wife team 21 years ago, this establishment offers a comprehensive selection of health and wellness products, catering to the diverse needs of its valued customers.

The current owners seamlessly share responsibilities, dedicating a combined total of 40 hours to the operation. In addition, the store benefits from the contributions of 2 full-time and 3 part-time employees, ensuring smooth and efficient daily operations. Spanning a spacious 1,200 square feet, this store enjoys prime placement within a high-traffic plaza, featuring a prominent anchor store. Importantly, there are no special licenses required to operate this business, simplifying the transition for any prospective owner.

The GNC name has global recognition going back to 1935 and this longevity continues to support & grow a loyal & confident customer base. With more than 4,000 retail locations throughout the United States & over 2,000 international operations, this franchise is the largest global specialty retailer of nutritional products. They also offer several international websites for the global community to use in learning how to live well!

Financials have been re-casted using CPA generated financials for 2020, 2021 & 2022. Consolidated business tax returns combining this location with 3 other stores, owned by the sellers, are prepared by their CPA.

Contact Sunbelt Business Brokers of Orlando and Brian Gurney today for a chance to be a part of the consistently ranked, #1 Vitamin Retail Franchise by Entrepreneur magazine.

Real Estate Available: No
Real Estate Included: No
Real Estate Description:
Located in a 1,200 sq' freestanding building.

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: $277,388.00
Owner worked hours per week: 40

Property Information

Size in square feet:
1,200

Business Operation

Reasons for selling:

Retirement

Employees:
Full Time: 2, Part Time: 3
Years established:
21

Franchise Information

Franchise opportunity:

Yes

Other Information

Support & training:

Seller will provide two weeks of training in addition to Franchisor support.

Financing available:

Downpayment Required: $140,000.00

Furniture / Fixtures value:
$17,753 - included in the asking price
Inventory / Stock value:
$45,000 - included in the asking price