GNC Franchise

Vitamin and nutritional products stores


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.

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Please Note: The operators of GNC, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official GNC website.

How much does it cost to open a GNC Franchise?

The investment required to open a GNC Franchise is between $192,117-$354,217. There is an initial franchise fee of $40,000 which grants you the license to run a business under the GNC name.

Individual Unit Costs

  • Initial Investment:
    $192,117-$354,217
  • Initial Franchise Fee:
    $40,000
  • Royalty Fee:
    6%
  • Advertising Fee:
    3%
  • Term of Agreement:
    10 years
  • Renewal Fee:
    Current franchise fee


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Driving vitamin and supplements brand GNC Holdings, Inc. (NYSE: GNC) reported today that every single corporate store will close on December 28 and revive on December 29, when GNC will give clients a significantly enhanced involvement with the dispatch of One New GNC (#ONEnewGNC). The organization w...

G N C Named Top Health & Beauty Franchise In The World By Franchise Direct
GNC Holdings, Inc. (NYSE: GNC), the nation's largest specialty retailer of health and wellness products, today noted that it has been named the top Health & Beauty franchise in the world on the Top 100 Global Franchises list from Franchise Direct. GNC was also cited as #7 overall on the list, a defi...

G N C Seals Franchise Deal With Clicks
CLICKS Group will launch New York-listed health and wellness retailer General Nutrition Corporation (GNC) in South Africa through an exclusive franchise agreement, the company said on Wednesday GNC's international range of vitamins, supplements, sports nutrition and slimming products will be avai...

G N C Awards $100,000 In Prizes In ' Me On G N C' Contest
What can proper nutrition, determination and a rigorous physical regimen do to help people achieve their weight and health and wellness goals? A lot, judging from the personal success stories of winners of the ME ON GNC photo and video contest from GNC Holdings, Inc. (NYSE: GNC), the nation's larges...

Bond Labs Introduces Another New Product Into G N C Franchise System
Bond Laboratories, Inc. BNLB 0.00% , through its wholly owned operating division, NDS Nutrition Products ("NDS"), a national provider of innovative and proprietary nutritional supplements for health conscious consumers, introduces another exciting new product for the GNC(R) franchise system. LipoRUS...

GNC News & Press Releases

When did the first GNC open? 1935
When did GNC start Franchising? 1988

Year U.S.A. Canada International Corporate
2005 1314 0 737 3657
2004 1324 7 692 2649
2003 1402 7 566 2531
2002 1365 7 520 2789
2001 1368 2 311 2817
Expense In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment Yes No
Inventory No No
Accounts Receivable No No
Payroll No No

Other Financing Source(s): Signage & leasehold improvements

Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

Marketing
Co-op advertising, Ad slicks, National media, Regional advertising

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)

To calculate how much income a franchise owner can do at GNC Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.

Listing Tags

gnc, vitamins, nutrition, retailer, health
GNC Franchise Opportunity viewed 46632 times by investors.

Legal Disclaimer: This information is not a franchise offering for GNC and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a GNC franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

GNC

GNC

GNC Franchising Inc.
300 6th Ave., 4th Fl.
Pittsburgh, PA
15222

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