GNC’s for Sale – Two-Unit Cumming GA Profitable Franchises – 16 Years One Owner – Bank Financing Available w/10% Down – NEW PRICING

by Steven Josovitz

Post image for GNC’s for Sale – Two-Unit Cumming GA Profitable Franchises  – 16 Years One Owner – Bank Financing Available w/10% Down – NEW PRICING

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(These are Open and Operating Businesses.  Please do not make any attempt to contact Staff, Management, Landlord and or Ownership. Documentation and Inspections will be provided upon request)

GNC Franchise for Sale.

Two Cumming Profitable Turnkey GA Units.

Bank Financing Available w/10% Down.

Unit #8571:

1595 Peachtree Pkwy, CummingGA 30041

Kroger anchored center at Sharon Road.

1200/sf.

Rent at $2164.20 all in with $50 yearly increases.

2016 Gross Sales $265,162.05

See profit numbers below.

Inventory approximately $50,000.

Established by current Owner November 2001.

300 apartments coming online across the street.

Franchise Fee $30,000.

Unit #7885

410 Peachtree Pkwy, CummingGA 30041

Located at The Collection at Forsyth a nationally anchored shopping mall with cinema.

1500/sf.

Rent at $5310.34 all in.

2016 Gross Sales $437,664.01

See profit numbers below.

Inventory approximately $70,000.

Established by current Owner May 2003.

Franchise Fee $40,000.

Seller Info:

Profit combined with both units is $92,497 after paying all expenses and zero effort.

Owner only puts in 25 hours a week runs with two loyal staff members that will transition a breeze. One full time manager who works at The Collection Forsyth and one other splits his time between stores and works 40 hours a week with owner filling in.

Owner states that Bank of America will finance purchase to any approved new Franchisee with only 10% down.

Retirement after 16-years and relocation to London triggers sale.

Price:

$200,000 for both units. Owner would consider selling individual unit. Seller open to financing inventory. Buyer needs to show liquid proof of a minimum of $130,000 as required to be approved by Corporate.

(These are Open and Operating Businesses.  Please do not make any attempt to contact Staff, Management, Landlord and or Ownership. Documentation and Inspections will be provided upon request)

 

 

 

 

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