GNC vs Le-Vel Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of GNC vs Le-Vel including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
GNC Franchise
Le-Vel Franchise
Investment $149,722 - $388,630$100,000
Franchise Fee $40,000N/A
Royalty Fee 6%-
Advertising Fee 3%-
Year Founded 1935-
Year Franchised 1988-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee Current franchise fee-


Business Experience Requirements
 
GNC Franchise
Le-Vel Franchise
Experience --

Financing Options
 
GNC Franchise
Le-Vel Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables Yes/No-/-
Payroll No/Yes-/-

Training & Support
 
GNC Franchise
Le-Vel Franchise
Training On-The-Job Training: 80 hours Classroom Training: 40 hours Additional Training: At corporate store-
Support Newsletter Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform-
Marketing Ad Templates National Media Social media SEO Email marketing Loyalty program/app-
Operations International franchisees required to buy multiple units/master licenses; 65% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 3 - 4

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

-

Expansion Plans
 
GNC Franchise
Le-Vel Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion Yes-

Company Overviews

About GNC

In 1935 David Shakarian began a wellbeing sustenance store in Pittsburgh called Lackzoom. It spent significant time in yogurt (which his dad had acquainted with the United States), additionally conveyed wellbeing nourishment items, for example, nectar and grains. Starting with $35 in receipts his first day, Shakarian extended to six Pittsburgh-territory stores in five years.

As more individuals got to be distinctly keen on common nourishments and better sustenance, Shakarian opened stores in different states and changed the organization's name to General Nutrition Centers (GNC). GNC likewise started delivering its own vitamin and mineral supplements, sustenances, beverages and beautifiers. It began diversifying in 1988.

With organization and diversified stores all through the United States and around the world, GNC now concentrates on vitamins and dietary supplements.The 'GNC Live Well' store design offers a full line of supplements in addition to fragrance based treatment, shower and spa items.

Veteran Incentives  50% off first-store franchise fee
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#195 in Franchise 500 for 2020.

 

About Le-Vel

To build the Premium Lifestyle Company, we knew we had to look further then just a product, we had to envision a larger purpose, a deeper reason for what we were doing. We had to create the one and only Premium Lifestyle Brand. The Le-Vel Cloud Management system is the most state of the art, most efficient, and the most lucrative operations infrastructure system ever. It allows Le-Vel to operate with the lowest corporate overhead and yet have one of the fastest response and problem solving operating systems in the market. It allows for efficient manageability with fast pace growth solutions.Le-Vel Cloud Technology - A solution for large scale, large growth infrastructure: Order Tracking Shipping Commissions Customer/Promoter Support Team Sales/Sales Calculations Genealogy While other companies are bogged down with management that is both costly and inefficient. We are saving money and putting it where it needs to be, with our LV Rewards Plan. When it comes to state of thLe art efficiency, speed, stability and scalability, no other infrastructure beats our Cloud Technology.
No one beats Le-Vel.