ESTABLISHED GNC FOR SALE
Seller:
Attn:
Randy Browning
Location:
Sedalia, MO, USA
Listing Number:
"N415"
Overview of the Business:
General Nutrition Center (GNC) is the largest global specialty retailer of health and wellness products, including vitamins, minerals, herbal and specialty supplements, sports nutrition products and diet products. With an expanding worldwide network of over 6,200 locations in the U.S., Canada and 52 international markets, GNC is vertically integrated with state of the art manufacturing and quality assurance facilities. GNC's U.S. store base is more than 11 times larger than that of the nearest specialty retail competitor. Highly recognized health and wellness brand and retailer with 94% brand awareness. Strong industry fundamentals with favorable health and wellness trends/demographics. Core categories of Vitamins and Sports Nutrition are stable and continue to grow.
Property Features and Assets:
Excellent lease with base monthly rent of $1521.98 through 1-31-12 with a three year option. Approximately 1200 square feet in the main shopping center and near majors Wal-Mart and J.C. Penny.
Market Competition and Expansion:
The business is located conveniently off of Highway 50 and the nearest competitor is 30 miles west. Business is located in the main shopping center in Sedalia, MO and is the shopping hub for neighboring cities such as Cole Camp, Green Ridge and Florence. Competing major markets of Kansas City and Springfield are approximately 100 miles away. 97 million Americans will be over the age of 50 by the year 2010, with higher disposable income and expecting to "Live Well" into the future. Higher healthcare costs and concerns over the effects of prescription drugs are driving increased use or preventive measures, including nutritional supplements. Desire to live longer, healthier lives, resulting in increased awareness of health and wellness benefits derived from nutrition and supplementation. Growing number of fitness-oriented consumers interested in sports nutrition products.
Additional Details:
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