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  • RE:  GNC Store Well Established For Sale In Lakeland Area
  • Contact:  Franco Ferrari

Quick Facts

Asking Price: $140,000
Annual Revenue: $366,164
Net Profit: Not Disclosed
Cash Flow: $25,869
Total Debt: Not Disclosed
FF&E: $17,753
Real Estate: Not Disclosed
Year Established: 2003
Employees: 2
BBN Listing #: SB-54489
Broker Reference #: ORLANFL001-54489

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Business Overview:

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.

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Property Features and Assets:

Freestanding building with an additional 5 year option to renew on lease

Reason for Selling:

Retirement

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is a franchise resale opportunity

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